SPDR S&P Insurance ETF $KIE Shares Sold by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd trimmed its holdings in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) by 24.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,456 shares of the exchange traded fund’s stock after selling 1,770 shares during the period. Y Intercept Hong Kong Ltd’s holdings in SPDR S&P Insurance ETF were worth $326,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. AlphaCore Capital LLC purchased a new position in SPDR S&P Insurance ETF during the first quarter worth $46,000. WPG Advisers LLC acquired a new stake in shares of SPDR S&P Insurance ETF during the first quarter valued at $54,000. Brooklyn Investment Group purchased a new stake in SPDR S&P Insurance ETF during the 1st quarter worth about $73,000. Ameritas Advisory Services LLC purchased a new stake in SPDR S&P Insurance ETF during the 2nd quarter worth about $84,000. Finally, AdvisorNet Financial Inc raised its stake in SPDR S&P Insurance ETF by 964.4% in the 2nd quarter. AdvisorNet Financial Inc now owns 1,703 shares of the exchange traded fund’s stock valued at $102,000 after purchasing an additional 1,543 shares during the last quarter.

SPDR S&P Insurance ETF Trading Up 1.9%

NYSEARCA:KIE opened at $58.62 on Friday. SPDR S&P Insurance ETF has a 12-month low of $52.37 and a 12-month high of $62.47. The firm has a market cap of $638.96 million, a price-to-earnings ratio of 14.40 and a beta of 0.74. The company’s 50-day moving average is $58.25 and its two-hundred day moving average is $58.17.

About SPDR S&P Insurance ETF

The SPDR S&P Insurance ETF (the Fund), formerly SPDR KBW Insurance ETF, seeks to closely match the returns and characteristics of the S&P Banks Select Industry Index. The Fund invests all, but at least 80%, of its total assets in the securities comprising the Index. The Fund invests in all of the securities represented in the Index in approximately the same proportions as the Index.