Ameritas Advisory Services LLC Makes New $84,000 Investment in SPDR S&P Insurance ETF $KIE

Ameritas Advisory Services LLC acquired a new position in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 1,398 shares of the exchange traded fund’s stock, valued at approximately $84,000.

Several other hedge funds have also modified their holdings of the company. Golden State Wealth Management LLC purchased a new stake in SPDR S&P Insurance ETF during the 1st quarter valued at $27,000. AlphaCore Capital LLC bought a new position in shares of SPDR S&P Insurance ETF during the 1st quarter worth $46,000. Provident Wealth Management LLC bought a new stake in SPDR S&P Insurance ETF during the first quarter valued at about $48,000. WPG Advisers LLC bought a new stake in SPDR S&P Insurance ETF during the first quarter valued at about $54,000. Finally, Brooklyn Investment Group bought a new stake in SPDR S&P Insurance ETF during the first quarter valued at about $73,000.

SPDR S&P Insurance ETF Stock Performance

Shares of NYSEARCA KIE opened at $58.39 on Friday. The company has a market cap of $694.84 million, a PE ratio of 14.40 and a beta of 0.86. The business has a 50-day simple moving average of $58.63 and a two-hundred day simple moving average of $58.20. SPDR S&P Insurance ETF has a fifty-two week low of $52.37 and a fifty-two 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.