SPDR S&P Insurance ETF (NYSEARCA:KIE) Reaches New 52-Week High at $56.97

Shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $56.97 and last traded at $56.97, with a volume of 1867 shares traded. The stock had previously closed at $56.53.

SPDR S&P Insurance ETF Stock Up 0.0 %

The firm has a market capitalization of $792.82 million, a price-to-earnings ratio of 15.18 and a beta of 0.58. The business’s fifty day moving average is $53.81 and its 200 day moving average is $51.47.

Institutional Trading of SPDR S&P Insurance ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Global Trust Asset Management LLC acquired a new stake in shares of SPDR S&P Insurance ETF in the second quarter valued at approximately $25,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in SPDR S&P Insurance ETF in the 2nd quarter valued at $38,000. Lynx Investment Advisory bought a new stake in SPDR S&P Insurance ETF during the 2nd quarter worth about $49,000. Headlands Technologies LLC boosted its stake in shares of SPDR S&P Insurance ETF by 598.5% during the 2nd quarter. Headlands Technologies LLC now owns 1,355 shares of the exchange traded fund’s stock worth $68,000 after buying an additional 1,161 shares during the last quarter. Finally, Manchester Capital Management LLC grew its holdings in shares of SPDR S&P Insurance ETF by 10.0% in the 1st quarter. Manchester Capital Management LLC now owns 3,300 shares of the exchange traded fund’s stock valued at $172,000 after acquiring an additional 300 shares in the last quarter.

SPDR S&P Insurance ETF Company Profile

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.