Lido Advisors LLC Sells 56,818 Shares of SPDR S&P Insurance ETF $KIE

Lido Advisors LLC reduced its position in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) by 73.1% during the 1st quarter, HoldingsChannel reports. The firm owned 20,893 shares of the exchange traded fund’s stock after selling 56,818 shares during the period. Lido Advisors LLC’s holdings in SPDR S&P Insurance ETF were worth $1,149,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Farther Finance Advisors LLC lifted its holdings in shares of SPDR S&P Insurance ETF by 705.9% in the 4th quarter. Farther Finance Advisors LLC now owns 411 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 360 shares during the period. Federation des caisses Desjardins du Quebec increased its stake in shares of SPDR S&P Insurance ETF by 75.9% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 788 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 340 shares during the period. Allworth Financial LP raised its holdings in shares of SPDR S&P Insurance ETF by 1,728.1% in the fourth quarter. Allworth Financial LP now owns 1,042 shares of the exchange traded fund’s stock valued at $63,000 after acquiring an additional 985 shares in the last quarter. CWM LLC raised its holdings in shares of SPDR S&P Insurance ETF by 1,162.8% in the fourth quarter. CWM LLC now owns 1,086 shares of the exchange traded fund’s stock valued at $65,000 after acquiring an additional 1,000 shares in the last quarter. Finally, AlphaCore Capital LLC lifted its stake in SPDR S&P Insurance ETF by 103.6% in the fourth quarter. AlphaCore Capital LLC now owns 1,535 shares of the exchange traded fund’s stock worth $92,000 after acquiring an additional 781 shares during the period.

SPDR S&P Insurance ETF Price Performance

NYSEARCA:KIE opened at $64.74 on Tuesday. The firm has a market cap of $653.87 million, a PE ratio of 14.40 and a beta of 0.60. The company has a 50-day moving average of $59.98 and a 200 day moving average of $58.17. SPDR S&P Insurance ETF has a 1-year low of $53.44 and a 1-year high of $65.20.

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. The S&P Banks Select Industry Index is a float adjusted modified-market, capitalization-weighted index that seeks to reflect the performance of publicly traded companies that do business as banks or thrifts.