Flow Traders U.S. LLC Trims Holdings in SPDR S&P Insurance ETF $KIE

Flow Traders U.S. LLC decreased its holdings in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) by 57.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,634 shares of the exchange traded fund’s stock after selling 11,644 shares during the period. Flow Traders U.S. LLC owned 0.06% of SPDR S&P Insurance ETF worth $516,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in KIE. Marshall Wace LLP increased its stake in shares of SPDR S&P Insurance ETF by 57.5% during the second quarter. Marshall Wace LLP now owns 8,697 shares of the exchange traded fund’s stock valued at $520,000 after buying an additional 3,175 shares during the period. Walleye Capital LLC bought a new stake in SPDR S&P Insurance ETF in the second quarter valued at $1,988,000. Lido Advisors LLC increased its position in SPDR S&P Insurance ETF by 4.9% during the 2nd quarter. Lido Advisors LLC now owns 81,976 shares of the exchange traded fund’s stock valued at $4,897,000 after purchasing an additional 3,804 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in SPDR S&P Insurance ETF by 158.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,182 shares of the exchange traded fund’s stock worth $310,000 after purchasing an additional 3,179 shares in the last quarter. Finally, Global Retirement Partners LLC purchased a new stake in shares of SPDR S&P Insurance ETF in the 2nd quarter worth about $1,104,000.

SPDR S&P Insurance ETF Trading Up 0.4%

Shares of KIE opened at $58.75 on Thursday. SPDR S&P Insurance ETF has a 1-year low of $52.37 and a 1-year high of $61.27. The firm’s 50-day moving average price is $58.36 and its 200-day moving average price is $58.32. The firm has a market capitalization of $640.38 million, a price-to-earnings ratio of 14.40 and a beta of 0.74.

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.