Kingsview Wealth Management LLC lowered its position in SPDR S&P Insurance ETF (NYSEARCA:KIE – Free Report) by 14.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 167,026 shares of the exchange traded fund’s stock after selling 27,727 shares during the quarter. Kingsview Wealth Management LLC owned 1.12% of SPDR S&P Insurance ETF worth $9,978,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also modified their holdings of the company. AlphaCore Capital LLC bought a new position in SPDR S&P Insurance ETF in the first quarter worth $46,000. WPG Advisers LLC bought a new position in shares of SPDR S&P Insurance ETF during the 1st quarter worth about $54,000. Brooklyn Investment Group acquired a new stake in shares of SPDR S&P Insurance ETF during the 1st quarter valued at about $73,000. Ameritas Advisory Services LLC bought a new stake in SPDR S&P Insurance ETF in the second quarter valued at about $84,000. Finally, AdvisorNet Financial Inc increased its stake in SPDR S&P Insurance ETF by 964.4% in the second quarter. AdvisorNet Financial Inc now owns 1,703 shares of the exchange traded fund’s stock valued at $102,000 after acquiring an additional 1,543 shares during the period.
SPDR S&P Insurance ETF Stock Down 0.2%
Shares of KIE opened at $59.04 on Friday. The company has a 50-day moving average price of $58.27 and a two-hundred day moving average price of $58.24. The stock has a market cap of $643.54 million, a price-to-earnings ratio of 14.40 and a beta of 0.74. SPDR S&P Insurance ETF has a 12 month low of $52.37 and a 12 month high of $62.47.
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.
Featured Stories
- Five stocks we like better than SPDR S&P Insurance ETF
- 3 Defense Stocks Set to Benefit From Increased Military Spending
- Meta’s Pain May Be Your Gain: Is This a Rare Buying Window?
- Manufacturing Stocks Investing
- 3 Under-the-Radar AI Stocks to Buy on the Dip
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Your Thanksgiving Playbook: 3 Stocks Set to Benefit From Football Fever
Want to see what other hedge funds are holding KIE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Insurance ETF (NYSEARCA:KIE – Free Report).
Receive News & Ratings for SPDR S&P Insurance ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Insurance ETF and related companies with MarketBeat.com's FREE daily email newsletter.
