Wealth Enhancement Advisory Services LLC Takes $384,000 Position in SPDR S&P Insurance ETF (NYSEARCA:KIE)

Wealth Enhancement Advisory Services LLC purchased a new stake in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 6,344 shares of the exchange traded fund’s stock, valued at approximately $384,000.

Other large investors have also made changes to their positions in the company. Briaud Financial Planning Inc purchased a new position in SPDR S&P Insurance ETF during the fourth quarter valued at approximately $27,000. National Bank of Canada FI grew its position in SPDR S&P Insurance ETF by 33.1% during the fourth quarter. National Bank of Canada FI now owns 1,167 shares of the exchange traded fund’s stock valued at $66,000 after purchasing an additional 290 shares in the last quarter. Amundi grew its position in SPDR S&P Insurance ETF by 425.0% during the fourth quarter. Amundi now owns 2,100 shares of the exchange traded fund’s stock valued at $117,000 after purchasing an additional 1,700 shares in the last quarter. Headlands Technologies LLC grew its position in SPDR S&P Insurance ETF by 3,187.3% during the fourth quarter. Headlands Technologies LLC now owns 2,334 shares of the exchange traded fund’s stock valued at $132,000 after purchasing an additional 2,263 shares in the last quarter. Finally, NBC Securities Inc. grew its position in SPDR S&P Insurance ETF by 136,250.0% during the first quarter. NBC Securities Inc. now owns 2,727 shares of the exchange traded fund’s stock valued at $165,000 after purchasing an additional 2,725 shares in the last quarter.

SPDR S&P Insurance ETF Stock Performance

Shares of KIE opened at $58.86 on Monday. The company’s 50 day moving average price is $58.56 and its 200 day moving average price is $57.98. SPDR S&P Insurance ETF has a 52 week low of $49.59 and a 52 week high of $62.47. The company has a market capitalization of $865.24 million, a PE ratio of 14.40 and a beta of 0.86.

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.