Fischer Investment Strategies LLC Grows Stake in SPDR S&P Insurance ETF (NYSEARCA:KIE)

Fischer Investment Strategies LLC raised its stake in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) by 119.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,638 shares of the exchange traded fund’s stock after purchasing an additional 38,476 shares during the period. SPDR S&P Insurance ETF accounts for about 3.4% of Fischer Investment Strategies LLC’s portfolio, making the stock its 11th biggest position. Fischer Investment Strategies LLC owned about 0.50% of SPDR S&P Insurance ETF worth $3,520,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Global Trust Asset Management LLC bought a new stake in shares of SPDR S&P Insurance ETF during the second quarter valued at approximately $25,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of SPDR S&P Insurance ETF in the 2nd quarter worth $38,000. Lynx Investment Advisory bought a new position in shares of SPDR S&P Insurance ETF during the 2nd quarter worth $49,000. Headlands Technologies LLC increased its stake in shares of SPDR S&P Insurance ETF by 598.5% during the second quarter. Headlands Technologies LLC now owns 1,355 shares of the exchange traded fund’s stock valued at $68,000 after buying an additional 1,161 shares during the period. Finally, Manchester Capital Management LLC raised its holdings in shares of SPDR S&P Insurance ETF by 10.0% in the first 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 Stock Performance

NYSEARCA KIE opened at $56.46 on Friday. The company has a market cap of $790.44 million, a PE ratio of 15.18 and a beta of 0.58. The firm’s 50 day moving average price is $54.16 and its 200-day moving average price is $51.61. SPDR S&P Insurance ETF has a 52-week low of $41.47 and a 52-week high of $57.21.

SPDR S&P Insurance ETF 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.