Envestnet Asset Management Inc. Grows Position in SPDR S&P Insurance ETF (NYSEARCA:KIE)

Envestnet Asset Management Inc. grew its position in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) by 27.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 186,508 shares of the exchange traded fund’s stock after acquiring an additional 40,335 shares during the quarter. Envestnet Asset Management Inc. owned 1.33% of SPDR S&P Insurance ETF worth $10,541,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in KIE. Kestra Private Wealth Services LLC purchased a new position in SPDR S&P Insurance ETF during the fourth quarter worth about $580,000. JPMorgan Chase & Co. grew its holdings in shares of SPDR S&P Insurance ETF by 9.1% in the third quarter. JPMorgan Chase & Co. now owns 2,985,840 shares of the exchange traded fund’s stock valued at $169,446,000 after acquiring an additional 248,015 shares in the last quarter. Atria Wealth Solutions Inc. purchased a new stake in shares of SPDR S&P Insurance ETF during the fourth quarter valued at approximately $215,000. Raymond James Financial Inc. bought a new stake in SPDR S&P Insurance ETF during the fourth quarter worth $18,178,000. Finally, Jones Financial Companies Lllp boosted its position in SPDR S&P Insurance ETF by 53.6% in the fourth quarter. Jones Financial Companies Lllp now owns 4,381 shares of the exchange traded fund’s stock worth $248,000 after purchasing an additional 1,528 shares during the last quarter.

SPDR S&P Insurance ETF Price Performance

Shares of NYSEARCA:KIE opened at $56.71 on Friday. The company has a market capitalization of $901.69 million, a PE ratio of 12.76 and a beta of 0.72. SPDR S&P Insurance ETF has a 1 year low of $48.37 and a 1 year high of $62.47. The business has a fifty day moving average price of $58.31 and a two-hundred day moving average price of $58.01.

SPDR S&P Insurance ETF Company 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.