Mariner LLC Makes New $241,000 Investment in SPDR S&P Insurance ETF (NYSEARCA:KIE)

Mariner LLC acquired a new stake in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 4,263 shares of the exchange traded fund’s stock, valued at approximately $241,000.

A number of other hedge funds have also recently modified their holdings of the business. Briaud Financial Planning Inc purchased a new position in SPDR S&P Insurance ETF during the fourth quarter valued at approximately $27,000. GoalVest Advisory LLC bought a new stake in shares of SPDR S&P Insurance ETF during the 4th quarter valued at $30,000. Activest Wealth Management purchased a new position in shares of SPDR S&P Insurance ETF during the 4th quarter valued at $46,000. National Bank of Canada FI boosted its holdings in SPDR S&P Insurance ETF by 33.1% in the 4th quarter. National Bank of Canada FI now owns 1,167 shares of the exchange traded fund’s stock worth $66,000 after buying an additional 290 shares during the period. Finally, MGB Wealth Management LLC purchased a new stake in SPDR S&P Insurance ETF in the 4th quarter worth $70,000.

SPDR S&P Insurance ETF Stock Up 0.2 %

Shares of SPDR S&P Insurance ETF stock opened at $58.19 on Wednesday. The company has a market capitalization of $910.67 million, a price-to-earnings ratio of 12.21 and a beta of 0.72. The stock’s 50-day simple moving average is $58.10 and its 200-day simple moving average is $58.00. SPDR S&P Insurance ETF has a 52 week low of $48.82 and a 52 week high of $62.47.

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.