SPC Financial Inc. Increases Stock Position in SPDR S&P Insurance ETF (NYSEARCA:KIE)

SPC Financial Inc. boosted its holdings in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) by 4.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 87,495 shares of the exchange traded fund’s stock after purchasing an additional 3,843 shares during the quarter. SPC Financial Inc. owned approximately 0.62% of SPDR S&P Insurance ETF worth $4,945,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in KIE. GoalVest Advisory LLC bought a new stake in SPDR S&P Insurance ETF in the fourth quarter valued at $30,000. FSA Wealth Management LLC acquired a new stake in SPDR S&P Insurance ETF during the 3rd quarter worth about $40,000. Activest Wealth Management acquired a new stake in shares of SPDR S&P Insurance ETF during the fourth quarter valued at approximately $46,000. MGB Wealth Management LLC purchased a new stake in shares of SPDR S&P Insurance ETF in the fourth quarter valued at $70,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its position in SPDR S&P Insurance ETF by 16.1% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,626 shares of the exchange traded fund’s stock worth $92,000 after acquiring an additional 226 shares during the period.

SPDR S&P Insurance ETF Stock Down 1.9 %

Shares of NYSEARCA:KIE opened at $59.11 on Wednesday. SPDR S&P Insurance ETF has a 12-month low of $47.65 and a 12-month high of $62.47. The firm has a fifty day moving average of $57.35 and a two-hundred day moving average of $57.42. The firm has a market capitalization of $945.76 million, a P/E ratio of 12.89 and a beta of 0.88.

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.