Narus Financial Partners LLC Sells 2,300 Shares of SPDR S&P Insurance ETF (NYSEARCA:KIE)

Narus Financial Partners LLC decreased its holdings in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) by 34.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,350 shares of the exchange traded fund’s stock after selling 2,300 shares during the period. Narus Financial Partners LLC’s holdings in SPDR S&P Insurance ETF were worth $246,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. grew 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 last quarter. Janney Capital Management LLC boosted its stake in SPDR S&P Insurance ETF by 6.6% in the fourth quarter. Janney Capital Management LLC now owns 5,171 shares of the exchange traded fund’s stock worth $292,000 after purchasing an additional 318 shares in the last quarter. PFG Investments LLC grew its holdings in shares of SPDR S&P Insurance ETF by 6.9% during the third quarter. PFG Investments LLC now owns 6,593 shares of the exchange traded fund’s stock worth $374,000 after purchasing an additional 423 shares during the last quarter. EP Wealth Advisors LLC increased its stake in shares of SPDR S&P Insurance ETF by 6.5% in the third quarter. EP Wealth Advisors LLC now owns 7,378 shares of the exchange traded fund’s stock valued at $419,000 after buying an additional 449 shares in the last quarter. Finally, GoalVest Advisory LLC bought a new position in shares of SPDR S&P Insurance ETF in the fourth quarter valued at about $30,000.

SPDR S&P Insurance ETF Stock Performance

Shares of KIE opened at $58.28 on Friday. The business’s fifty day moving average price is $57.92 and its two-hundred day moving average price is $56.50. The firm has a market capitalization of $815.92 million, a price-to-earnings ratio of 15.18 and a beta of 0.58. SPDR S&P Insurance ETF has a 52 week low of $46.14 and a 52 week high of $62.47.

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.