Kingsview Wealth Management LLC lowered its position in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE – Free Report) by 6.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 259,489 shares of the exchange traded fund’s stock after selling 17,687 shares during the quarter. Kingsview Wealth Management LLC’s holdings in SPDR S&P Insurance ETF were worth $15,608,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Marshall Wace LLP boosted its stake in SPDR S&P Insurance ETF by 57.5% during the 2nd quarter. Marshall Wace LLP now owns 8,697 shares of the exchange traded fund’s stock valued at $520,000 after purchasing an additional 3,175 shares during the last quarter. Qube Research & Technologies Ltd boosted its stake in SPDR S&P Insurance ETF by 173,743.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 259,027 shares of the exchange traded fund’s stock valued at $15,474,000 after purchasing an additional 258,878 shares during the last quarter. Jane Street Group LLC purchased a new stake in SPDR S&P Insurance ETF during the 2nd quarter valued at $281,000. MGB Wealth Management LLC boosted its stake in SPDR S&P Insurance ETF by 113.8% during the 2nd quarter. MGB Wealth Management LLC now owns 2,728 shares of the exchange traded fund’s stock valued at $163,000 after purchasing an additional 1,452 shares during the last quarter. Finally, Brevan Howard Capital Management LP purchased a new stake in SPDR S&P Insurance ETF during the 2nd quarter valued at $1,696,000.
SPDR S&P Insurance ETF Trading Down 1.6%
Shares of KIE opened at $56.30 on Thursday. The business’s fifty day simple moving average is $56.46 and its two-hundred day simple moving average is $57.96. SPDR S&P Insurance ETF has a 12 month low of $53.44 and a 12 month high of $61.26. The company has a market cap of $444.77 million, a price-to-earnings ratio of 14.40 and a beta of 0.64.
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. The S&P Banks Select Industry Index is a float adjusted modified-market, capitalization-weighted index that seeks to reflect the performance of publicly traded companies that do business as banks or thrifts.
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Want to see what other hedge funds are holding KIE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Insurance ETF (NYSEARCA:KIE – Free Report).
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