Ellis Investment Partners LLC increased its position in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE – Free Report) by 2.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,724 shares of the exchange traded fund’s stock after purchasing an additional 517 shares during the quarter. Ellis Investment Partners LLC owned 0.14% of SPDR S&P Insurance ETF worth $983,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in KIE. UBS Group AG lifted its stake in SPDR S&P Insurance ETF by 440.5% during the fourth quarter. UBS Group AG now owns 446,056 shares of the exchange traded fund’s stock worth $20,171,000 after purchasing an additional 363,536 shares during the last quarter. Raymond James & Associates lifted its stake in SPDR S&P Insurance ETF by 261.0% during the second quarter. Raymond James & Associates now owns 169,728 shares of the exchange traded fund’s stock worth $8,458,000 after purchasing an additional 122,709 shares during the last quarter. Kingsview Wealth Management LLC lifted its stake in SPDR S&P Insurance ETF by 345.7% during the first quarter. Kingsview Wealth Management LLC now owns 130,814 shares of the exchange traded fund’s stock worth $6,812,000 after purchasing an additional 101,462 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in SPDR S&P Insurance ETF by 1,142.4% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 83,702 shares of the exchange traded fund’s stock worth $4,358,000 after purchasing an additional 76,965 shares during the last quarter. Finally, Fortis Group Advisors LLC bought a new position in SPDR S&P Insurance ETF during the first quarter worth $3,575,000.
SPDR S&P Insurance ETF Price Performance
Shares of KIE opened at $55.18 on Friday. The business’s fifty day moving average price is $52.98 and its 200 day moving average price is $51.15. SPDR S&P Insurance ETF has a 12-month low of $41.47 and a 12-month high of $56.76. The stock has a market capitalization of $772.52 million, a PE ratio of 15.18 and a beta of 0.58.
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.
Featured Articles
- Five stocks we like better than SPDR S&P Insurance ETF
- What Investors Need to Know About Upcoming IPOs
- GE Vernova’s Rally Could Continue as Wind Business Gains Ground
- What is the Hang Seng index?
- DraftKings vs. DoubleDown: Growth in the Online Gambling Boom
- Consumer Staples Stocks, Explained
- Join UiPath’s AI Surge and Catch the Coming Stock Price Reversal
Receive News & Ratings for SPDR S&P Insurance ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Insurance ETF and related companies with MarketBeat.com's FREE daily email newsletter.