Stratos Wealth Advisors LLC Raises Stake in KraneShares Hedgeye Hedged Equity Index ETF $KSPY

Stratos Wealth Advisors LLC increased its stake in KraneShares Hedgeye Hedged Equity Index ETF (NYSEARCA:KSPY) by 362.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,916 shares of the company’s stock after purchasing an additional 27,367 shares during the quarter. Stratos Wealth Advisors LLC owned 1.75% of KraneShares Hedgeye Hedged Equity Index ETF worth $958,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Jane Street Group LLC purchased a new position in KraneShares Hedgeye Hedged Equity Index ETF in the second quarter valued at about $362,000. Kestra Private Wealth Services LLC boosted its stake in shares of KraneShares Hedgeye Hedged Equity Index ETF by 2.9% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 16,470 shares of the company’s stock worth $467,000 after acquiring an additional 457 shares in the last quarter. Susquehanna International Group LLP grew its holdings in shares of KraneShares Hedgeye Hedged Equity Index ETF by 40.0% in the 3rd quarter. Susquehanna International Group LLP now owns 64,376 shares of the company’s stock worth $1,824,000 after acquiring an additional 18,402 shares during the period. Sound Financial Strategies Group LLC acquired a new stake in shares of KraneShares Hedgeye Hedged Equity Index ETF in the 3rd quarter worth approximately $2,535,000. Finally, Envestnet Asset Management Inc. increased its stake in KraneShares Hedgeye Hedged Equity Index ETF by 0.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 141,347 shares of the company’s stock valued at $4,004,000 after purchasing an additional 697 shares in the last quarter.

KraneShares Hedgeye Hedged Equity Index ETF Price Performance

NYSEARCA KSPY opened at $27.56 on Monday. The business has a 50 day moving average price of $27.78 and a 200 day moving average price of $28.18. The company has a market capitalization of $77.17 million, a P/E ratio of 24.69 and a beta of 0.50. KraneShares Hedgeye Hedged Equity Index ETF has a 1-year low of $22.94 and a 1-year high of $29.24.

KraneShares Hedgeye Hedged Equity Index ETF Company Profile

The KraneShares Hedgeye Hedged Equity Index ETF (KSPY) is an exchange-traded fund that is based on the Hedgeye Hedged Equity index. The fund tracks an index the provides exposure to the S&P 500, with the objective of reducing volatility and dynamically hedging downside risk. The underlying portfolio holds ETFs with exposure to the S&P 500 Index, a fund-of-funds, and weekly Index options KSPY was launched on Jul 16, 2024 and is issued by KraneShares.