Wells Fargo & Company MN Has $9.86 Million Position in SPDR S&P Insurance ETF (NYSEARCA:KIE)

Wells Fargo & Company MN raised its holdings in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) by 4.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 174,495 shares of the exchange traded fund’s stock after purchasing an additional 7,888 shares during the quarter. Wells Fargo & Company MN owned approximately 1.25% of SPDR S&P Insurance ETF worth $9,862,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. FMR LLC lifted its stake in shares of SPDR S&P Insurance ETF by 19.5% during the 3rd quarter. FMR LLC now owns 12,174 shares of the exchange traded fund’s stock worth $691,000 after buying an additional 1,983 shares during the last quarter. Fulcrum Equity Management acquired a new stake in SPDR S&P Insurance ETF during the third quarter worth approximately $1,324,000. JPMorgan Chase & Co. boosted its holdings in shares of SPDR S&P Insurance ETF by 9.1% during the third quarter. JPMorgan Chase & Co. now owns 2,985,840 shares of the exchange traded fund’s stock worth $169,446,000 after acquiring an additional 248,015 shares during the period. Miracle Mile Advisors LLC acquired a new position in shares of SPDR S&P Insurance ETF in the fourth quarter valued at approximately $1,963,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of SPDR S&P Insurance ETF by 16.1% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,626 shares of the exchange traded fund’s stock worth $92,000 after purchasing an additional 226 shares during the period.

SPDR S&P Insurance ETF Price Performance

KIE opened at $56.83 on Thursday. The business has a fifty day simple moving average of $58.35 and a 200 day simple moving average of $58.01. SPDR S&P Insurance ETF has a 1 year low of $47.65 and a 1 year high of $62.47. The company has a market capitalization of $903.60 million, a PE ratio of 12.76 and a beta of 0.72.

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.