Segment Wealth Management LLC lowered its holdings in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE – Free Report) by 3.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,160 shares of the exchange traded fund’s stock after selling 210 shares during the period. Segment Wealth Management LLC’s holdings in SPDR S&P Insurance ETF were worth $292,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of KIE. Envestnet Asset Management Inc. increased its stake in SPDR S&P Insurance ETF by 11.0% in the second quarter. Envestnet Asset Management Inc. now owns 90,620 shares of the exchange traded fund’s stock valued at $4,516,000 after acquiring an additional 9,000 shares during the period. Renaissance Technologies LLC grew its stake in shares of SPDR S&P Insurance ETF by 109.2% in the 2nd quarter. Renaissance Technologies LLC now owns 50,000 shares of the exchange traded fund’s stock valued at $2,492,000 after purchasing an additional 26,100 shares during the period. Marshall Wace LLP acquired a new position in shares of SPDR S&P Insurance ETF in the 2nd quarter worth approximately $1,391,000. Chicago Wealth Management Inc. raised its holdings in shares of SPDR S&P Insurance ETF by 0.9% in the 2nd quarter. Chicago Wealth Management Inc. now owns 131,750 shares of the exchange traded fund’s stock worth $6,565,000 after buying an additional 1,221 shares in the last quarter. Finally, Brookstone Capital Management lifted its position in shares of SPDR S&P Insurance ETF by 3.2% during the 3rd quarter. Brookstone Capital Management now owns 80,074 shares of the exchange traded fund’s stock worth $4,544,000 after buying an additional 2,514 shares during the period.
SPDR S&P Insurance ETF Price Performance
Shares of NYSEARCA:KIE opened at $57.40 on Wednesday. The business’s fifty day moving average price is $58.19 and its two-hundred day moving average price is $56.23. SPDR S&P Insurance ETF has a fifty-two week low of $46.14 and a fifty-two week high of $62.47. The stock has a market capitalization of $803.60 million, a price-to-earnings ratio of 15.18 and a beta of 0.58.
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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