SPDR S&P Insurance ETF (NYSEARCA:KIE – Get Free Report)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $58.84 and last traded at $58.63, with a volume of 24024 shares trading hands. The stock had previously closed at $56.08.
SPDR S&P Insurance ETF Trading Up 1.3 %
The firm’s fifty day moving average price is $56.68 and its 200 day moving average price is $53.18. The stock has a market capitalization of $820.82 million, a price-to-earnings ratio of 15.18 and a beta of 0.58.
Hedge Funds Weigh In On SPDR S&P Insurance ETF
Several large investors have recently made changes to their positions in KIE. Janney Montgomery Scott LLC lifted its holdings in shares of SPDR S&P Insurance ETF by 6.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 29,741 shares of the exchange traded fund’s stock worth $1,549,000 after acquiring an additional 1,724 shares during the last quarter. PFG Advisors acquired a new position in shares of SPDR S&P Insurance ETF in the 1st quarter worth approximately $475,000. Oppenheimer & Co. Inc. acquired a new stake in SPDR S&P Insurance ETF during the 1st quarter worth approximately $216,000. Trademark Financial Management LLC lifted its holdings in SPDR S&P Insurance ETF by 18.0% during the 1st quarter. Trademark Financial Management LLC now owns 10,625 shares of the exchange traded fund’s stock worth $553,000 after buying an additional 1,624 shares in the last quarter. Finally, Tradewinds LLC. acquired a new stake in SPDR S&P Insurance ETF during the 1st quarter worth approximately $259,000.
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.
Read More
- Five stocks we like better than SPDR S&P Insurance ETF
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Dot Ai IPO: CEO Ed Nabrotzky Shares Vision for Logistics Future
- The How And Why of Investing in Oil Stocks
- The Hottest Markets to Watch After the Fed’s 25 Bps Rate Cut
- Business Services Stocks Investing
- The Top 5 Performing S&P 500 Stocks YTD in 2024
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.
