Fischer Investment Strategies LLC Purchases New Position in SPDR S&P Insurance ETF $KIE

Fischer Investment Strategies LLC purchased a new stake in SPDR S&P Insurance ETF (NYSEARCA:KIE) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 4,207 shares of the exchange traded fund’s stock, valued at approximately $251,000.

A number of other institutional investors have also recently made changes to their positions in KIE. Wealth Enhancement Advisory Services LLC bought a new position in shares of SPDR S&P Insurance ETF in the 1st quarter valued at about $384,000. Vicus Capital bought a new stake in SPDR S&P Insurance ETF in the first quarter worth about $3,124,000. Provident Wealth Management LLC bought a new stake in SPDR S&P Insurance ETF in the first quarter worth about $48,000. Dale Q Rice Investment Management Ltd bought a new stake in SPDR S&P Insurance ETF in the first quarter worth about $330,000. Finally, Synergy Asset Management LLC bought a new stake in SPDR S&P Insurance ETF in the first quarter worth about $1,539,000.

SPDR S&P Insurance ETF Price Performance

Shares of NYSEARCA KIE opened at $58.39 on Friday. The company has a market cap of $694.84 million, a P/E ratio of 14.40 and a beta of 0.86. 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 50-day simple moving average of $58.63 and a two-hundred day simple moving average of $58.20.

SPDR S&P Insurance ETF Company 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.