Marshall Investment Management LLC Acquires Shares of 24,351 SPDR S&P Insurance ETF (NYSEARCA:KIE)

Marshall Investment Management LLC acquired a new stake in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 24,351 shares of the exchange traded fund’s stock, valued at approximately $1,382,000. Marshall Investment Management LLC owned 0.17% of SPDR S&P Insurance ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of SPDR S&P Insurance ETF by 16.1% in 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 buying an additional 226 shares during the period. Janney Capital Management LLC grew its position in shares of SPDR S&P Insurance ETF by 6.6% in the 4th quarter. Janney Capital Management LLC now owns 5,171 shares of the exchange traded fund’s stock worth $292,000 after buying an additional 318 shares during the period. PFG Investments LLC grew its position in shares of SPDR S&P Insurance ETF by 6.9% in the 3rd quarter. PFG Investments LLC now owns 6,593 shares of the exchange traded fund’s stock worth $374,000 after buying an additional 423 shares during the period. EP Wealth Advisors LLC grew its position in shares of SPDR S&P Insurance ETF by 6.5% in the 3rd quarter. EP Wealth Advisors LLC now owns 7,378 shares of the exchange traded fund’s stock worth $419,000 after buying an additional 449 shares during the period. Finally, GoalVest Advisory LLC bought a new position in SPDR S&P Insurance ETF in the 4th quarter worth about $30,000.

SPDR S&P Insurance ETF Price Performance

Shares of SPDR S&P Insurance ETF stock opened at $57.00 on Friday. The stock has a market cap of $798 million, a price-to-earnings ratio of 15.18 and a beta of 0.58. The firm’s 50-day moving average is $57.09 and its 200 day moving average is $57.12. SPDR S&P Insurance ETF has a 1 year low of $47.65 and a 1 year high of $62.47.

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.