Vicus Capital lifted its stake in SPDR S&P Insurance ETF (NYSEARCA:KIE – Free Report) by 2.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 52,861 shares of the exchange traded fund’s stock after acquiring an additional 1,249 shares during the period. Vicus Capital’s holdings in SPDR S&P Insurance ETF were worth $3,158,000 at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. Golden State Wealth Management LLC bought a new position in shares of SPDR S&P Insurance ETF in the 1st quarter worth $27,000. AlphaCore Capital LLC acquired a new position in SPDR S&P Insurance ETF during the 1st quarter valued at about $46,000. Provident Wealth Management LLC acquired a new position in SPDR S&P Insurance ETF during the 1st quarter valued at about $48,000. WPG Advisers LLC acquired a new position in SPDR S&P Insurance ETF during the 1st quarter valued at about $54,000. Finally, Brooklyn Investment Group acquired a new position in SPDR S&P Insurance ETF during the 1st quarter valued at about $73,000.
SPDR S&P Insurance ETF Price Performance
Shares of NYSEARCA:KIE opened at $58.79 on Thursday. The business’s 50-day moving average is $58.23 and its 200 day moving average is $58.22. SPDR S&P Insurance ETF has a 1 year low of $52.37 and a 1 year high of $62.47. The firm has a market capitalization of $878.91 million, a P/E ratio of 14.40 and a beta of 0.86.
SPDR S&P Insurance ETF 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.
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