SPDR S&P Insurance ETF (NYSEARCA:KIE) Shares Acquired by Raymond James & Associates

Raymond James & Associates increased its position in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) by 27.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 40,753 shares of the exchange traded fund’s stock after purchasing an additional 8,766 shares during the quarter. Raymond James & Associates’ holdings in SPDR S&P Insurance ETF were worth $1,843,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Triangle Securities Wealth Management lifted its stake in SPDR S&P Insurance ETF by 0.3% during the fourth quarter. Triangle Securities Wealth Management now owns 85,829 shares of the exchange traded fund’s stock worth $3,881,000 after purchasing an additional 255 shares during the last quarter. Concourse Financial Group Securities Inc. lifted its stake in SPDR S&P Insurance ETF by 247.3% during the third quarter. Concourse Financial Group Securities Inc. now owns 698 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 497 shares during the last quarter. FMR LLC lifted its stake in SPDR S&P Insurance ETF by 8.5% in the first quarter. FMR LLC now owns 7,581 shares of the exchange traded fund’s stock valued at $298,000 after buying an additional 596 shares during the last quarter. Credit Suisse AG lifted its stake in SPDR S&P Insurance ETF by 8.6% in the fourth quarter. Credit Suisse AG now owns 7,969 shares of the exchange traded fund’s stock valued at $326,000 after buying an additional 634 shares during the last quarter. Finally, Kestra Advisory Services LLC lifted its stake in SPDR S&P Insurance ETF by 14.4% in the third quarter. Kestra Advisory Services LLC now owns 6,384 shares of the exchange traded fund’s stock valued at $272,000 after buying an additional 806 shares during the last quarter.

SPDR S&P Insurance ETF Stock Performance

KIE stock opened at $47.72 on Thursday. The stock has a market capitalization of $701.48 million, a price-to-earnings ratio of 15.10 and a beta of 0.58. SPDR S&P Insurance ETF has a 1 year low of $38.04 and a 1 year high of $52.26. The stock’s fifty day moving average is $49.82 and its two-hundred day moving average is $46.51.

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.