NBC Securities Inc. grew its stake in SPDR S&P Insurance ETF (NYSEARCA:KIE – Free Report) by 136,250.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,727 shares of the exchange traded fund’s stock after buying an additional 2,725 shares during the period. NBC Securities Inc.’s holdings in SPDR S&P Insurance ETF were worth $165,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of KIE. National Bank of Canada FI boosted its stake in SPDR S&P Insurance ETF by 33.1% during the 4th quarter. National Bank of Canada FI now owns 1,167 shares of the exchange traded fund’s stock worth $66,000 after purchasing an additional 290 shares during the period. Comerica Bank increased its holdings in shares of SPDR S&P Insurance ETF by 10.2% in the 4th quarter. Comerica Bank now owns 4,653 shares of the exchange traded fund’s stock valued at $263,000 after purchasing an additional 432 shares in the last quarter. Briaud Financial Planning Inc purchased a new position in shares of SPDR S&P Insurance ETF in the 4th quarter valued at about $27,000. Steward Partners Investment Advisory LLC increased its holdings in shares of SPDR S&P Insurance ETF by 22.4% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,209 shares of the exchange traded fund’s stock valued at $181,000 after purchasing an additional 588 shares in the last quarter. Finally, Blair William & Co. IL grew its stake in SPDR S&P Insurance ETF by 16.8% in the 4th quarter. Blair William & Co. IL now owns 5,056 shares of the exchange traded fund’s stock valued at $286,000 after acquiring an additional 727 shares during the last quarter.
SPDR S&P Insurance ETF Trading Down 1.6%
Shares of NYSEARCA KIE opened at $58.56 on Tuesday. The stock has a market cap of $936.96 million, a price-to-earnings ratio of 12.16 and a beta of 0.77. SPDR S&P Insurance ETF has a 52 week low of $48.82 and a 52 week high of $62.47. The company’s 50-day moving average price is $57.69 and its 200 day moving average price is $58.12.
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.
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