Ibex Wealth Advisors Has $1.02 Million Position in SPDR S&P Insurance ETF (NYSEARCA:KIE)

Ibex Wealth Advisors cut its stake in SPDR S&P Insurance ETF (NYSEARCA:KIE) by 15.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,849 shares of the exchange traded fund’s stock after selling 3,072 shares during the quarter. Ibex Wealth Advisors’ holdings in SPDR S&P Insurance ETF were worth $1,020,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of KIE. Kestra Private Wealth Services LLC acquired a new position in shares of SPDR S&P Insurance ETF in the fourth quarter worth $580,000. Activest Wealth Management acquired a new position in shares of SPDR S&P Insurance ETF in the fourth quarter worth $46,000. MGB Wealth Management LLC acquired a new position in shares of SPDR S&P Insurance ETF in the fourth quarter worth $70,000. Ellis Investment Partners LLC increased its stake in shares of SPDR S&P Insurance ETF by 7.0% in the fourth quarter. Ellis Investment Partners LLC now owns 29,543 shares of the exchange traded fund’s stock worth $1,670,000 after acquiring an additional 1,945 shares during the last quarter. Finally, Csenge Advisory Group increased its position in SPDR S&P Insurance ETF by 3.2% during the fourth quarter. Csenge Advisory Group now owns 57,954 shares of the exchange traded fund’s stock worth $3,276,000 after buying an additional 1,770 shares during the last quarter.

SPDR S&P Insurance ETF Price Performance

SPDR S&P Insurance ETF stock opened at $58.56 on Tuesday. The company has a market capitalization of $936.96 million, a price-to-earnings ratio of 12.16 and a beta of 0.77. SPDR S&P Insurance ETF has a one year low of $48.82 and a one year high of $62.47. The company’s fifty day moving average price is $57.69 and its two-hundred day moving average price is $58.12.

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.