Insight Wealth Strategies LLC Takes $15.02 Million Position in SPDR S&P Insurance ETF (NYSEARCA:KIE)

Insight Wealth Strategies LLC bought a new stake in shares of SPDR S&P Insurance ETF (NYSEARCA:KIEFree Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 332,183 shares of the exchange traded fund’s stock, valued at approximately $15,021,000. SPDR S&P Insurance ETF accounts for about 2.4% of Insight Wealth Strategies LLC’s holdings, making the stock its 14th largest holding. Insight Wealth Strategies LLC owned 2.76% of SPDR S&P Insurance ETF as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Stratos Wealth Advisors LLC bought a new position in shares of SPDR S&P Insurance ETF during the third quarter valued at $407,000. Envestnet Asset Management Inc. lifted its holdings in shares of SPDR S&P Insurance ETF by 205.1% during the third quarter. Envestnet Asset Management Inc. now owns 245,144 shares of the exchange traded fund’s stock valued at $10,428,000 after purchasing an additional 164,793 shares in the last quarter. Private Advisor Group LLC bought a new position in shares of SPDR S&P Insurance ETF during the third quarter valued at $1,206,000. Lake Hills Wealth Management LLC bought a new position in shares of SPDR S&P Insurance ETF during the third quarter valued at $2,188,000. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of SPDR S&P Insurance ETF by 10.8% during the third quarter. Janney Montgomery Scott LLC now owns 15,133 shares of the exchange traded fund’s stock valued at $644,000 after purchasing an additional 1,475 shares in the last quarter.

SPDR S&P Insurance ETF Price Performance

SPDR S&P Insurance ETF stock traded up $0.04 during mid-day trading on Thursday, reaching $51.07. 1,105,815 shares of the stock traded hands, compared to its average volume of 822,368. The stock has a market capitalization of $615.39 million, a PE ratio of 10.76 and a beta of 0.86. SPDR S&P Insurance ETF has a 12-month low of $36.86 and a 12-month high of $51.31. The business’s 50-day moving average is $48.47 and its 200-day moving average is $45.49.

SPDR S&P Insurance ETF Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for SPDR S&P Insurance ETF (NYSEARCA:KIE)

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