Steward Partners Investment Advisory LLC Grows Stake in SPDR S&P Insurance ETF (NYSEARCA:KIE)

Steward Partners Investment Advisory LLC increased its stake in SPDR S&P Insurance ETF (NYSEARCA:KIE) by 22.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,209 shares of the exchange traded fund’s stock after acquiring an additional 588 shares during the period. Steward Partners Investment Advisory LLC’s holdings in SPDR S&P Insurance ETF were worth $181,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. GoalVest Advisory LLC purchased a new position in shares of SPDR S&P Insurance ETF in the 4th quarter worth approximately $30,000. FSA Wealth Management LLC purchased a new position in SPDR S&P Insurance ETF during the third quarter worth $40,000. Activest Wealth Management purchased a new position in SPDR S&P Insurance ETF during the fourth quarter worth $46,000. MGB Wealth Management LLC purchased a new position in SPDR S&P Insurance ETF during the fourth quarter worth $70,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of SPDR S&P Insurance ETF by 16.1% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,626 shares of the exchange traded fund’s stock worth $92,000 after purchasing an additional 226 shares during the period.

SPDR S&P Insurance ETF Trading Up 2.4 %

KIE stock opened at $59.16 on Friday. The stock has a market cap of $916.98 million, a PE ratio of 12.26 and a beta of 0.86. The company has a 50-day moving average price of $57.72 and a 200 day moving average price of $57.65. SPDR S&P Insurance ETF has a 12 month low of $47.65 and a 12 month high of $62.47.

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.