Oppenheimer & Co. Inc. acquired a new position in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE – Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 21,760 shares of the exchange traded fund’s stock, valued at approximately $1,273,000. Oppenheimer & Co. Inc. owned 0.27% of SPDR S&P Insurance ETF at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in KIE. Kaizen Financial Strategies grew its holdings in SPDR S&P Insurance ETF by 2.8% in the 1st quarter. Kaizen Financial Strategies now owns 7,350 shares of the exchange traded fund’s stock worth $424,000 after buying an additional 200 shares in the last quarter. Farther Finance Advisors LLC bought a new stake in SPDR S&P Insurance ETF during the 3rd quarter valued at $30,000. Provident Wealth Management LLC acquired a new position in SPDR S&P Insurance ETF during the 3rd quarter worth $47,000. IFP Advisors Inc boosted its position in SPDR S&P Insurance ETF by 185.2% during the 3rd quarter. IFP Advisors Inc now owns 1,617 shares of the exchange traded fund’s stock worth $95,000 after acquiring an additional 1,050 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its position in SPDR S&P Insurance ETF by 12.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 10,128 shares of the exchange traded fund’s stock worth $609,000 after acquiring an additional 1,098 shares during the period.
SPDR S&P Insurance ETF Stock Performance
NYSEARCA:KIE opened at $63.70 on Monday. SPDR S&P Insurance ETF has a 1 year low of $53.44 and a 1 year high of $66.53. The stock has a market cap of $512.78 million, a price-to-earnings ratio of 14.40 and a beta of 0.59. The business has a fifty day moving average of $61.98 and a 200-day moving average of $59.63.
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.
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