Amundi Purchases 1,700 Shares of SPDR S&P Insurance ETF (NYSEARCA:KIE)

Amundi grew its position in SPDR S&P Insurance ETF (NYSEARCA:KIE) by 425.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,100 shares of the exchange traded fund’s stock after buying an additional 1,700 shares during the quarter. Amundi’s holdings in SPDR S&P Insurance ETF were worth $117,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in KIE. GoalVest Advisory LLC bought a new stake in shares of SPDR S&P Insurance ETF in the fourth quarter valued at about $30,000. FSA Wealth Management LLC purchased a new position in SPDR S&P Insurance ETF during the 3rd quarter valued at about $40,000. Activest Wealth Management bought a new stake in shares of SPDR S&P Insurance ETF in the 4th quarter valued at about $46,000. MGB Wealth Management LLC purchased a new stake in shares of SPDR S&P Insurance ETF in the 4th quarter worth approximately $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 fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,626 shares of the exchange traded fund’s stock valued at $92,000 after purchasing an additional 226 shares in the last quarter.

SPDR S&P Insurance ETF Stock Down 0.6 %

Shares of KIE stock opened at $59.33 on Friday. The firm has a market cap of $919.62 million, a price-to-earnings ratio of 12.26 and a beta of 0.86. SPDR S&P Insurance ETF has a 52-week low of $47.65 and a 52-week high of $62.47. The company’s 50 day moving average is $58.13 and its 200 day moving average is $57.77.

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.