Fmr LLC Grows Stock Holdings in SPDR S&P Insurance ETF (NYSEARCA:KIE)

Fmr LLC lifted its stake in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) by 19.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 12,174 shares of the exchange traded fund’s stock after acquiring an additional 1,983 shares during the quarter. Fmr LLC owned approximately 0.09% of SPDR S&P Insurance ETF worth $691,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Silicon Valley Capital Partners bought a new position in SPDR S&P Insurance ETF in the third quarter worth approximately $34,000. NBC Securities Inc. increased its stake in shares of SPDR S&P Insurance ETF by 306.0% during the third quarter. NBC Securities Inc. now owns 812 shares of the exchange traded fund’s stock valued at $46,000 after buying an additional 612 shares during the period. Headlands Technologies LLC raised its holdings in shares of SPDR S&P Insurance ETF by 598.5% in the second quarter. Headlands Technologies LLC now owns 1,355 shares of the exchange traded fund’s stock valued at $68,000 after acquiring an additional 1,161 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its holdings in SPDR S&P Insurance ETF by 83.0% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,400 shares of the exchange traded fund’s stock worth $79,000 after acquiring an additional 635 shares in the last quarter. Finally, Global Trust Asset Management LLC increased its position in SPDR S&P Insurance ETF by 258.0% during the 3rd quarter. Global Trust Asset Management LLC now owns 1,790 shares of the exchange traded fund’s stock valued at $102,000 after purchasing an additional 1,290 shares during the period.

SPDR S&P Insurance ETF Stock Performance

Shares of KIE opened at $57.57 on Wednesday. The stock has a market capitalization of $805.91 million, a PE ratio of 15.18 and a beta of 0.58. The company has a 50 day moving average price of $58.71 and a 200-day moving average price of $55.06. SPDR S&P Insurance ETF has a fifty-two week low of $44.24 and a fifty-two week high of $62.47.

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.