Kingsview Wealth Management LLC Buys 110,150 Shares of SPDR S&P Insurance ETF $KIE

Kingsview Wealth Management LLC raised its stake in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) by 65.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 277,176 shares of the exchange traded fund’s stock after purchasing an additional 110,150 shares during the period. Kingsview Wealth Management LLC owned 2.54% of SPDR S&P Insurance ETF worth $16,442,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. US Bancorp DE lifted its position in shares of SPDR S&P Insurance ETF by 26.3% during the 3rd quarter. US Bancorp DE now owns 2,153 shares of the exchange traded fund’s stock valued at $128,000 after buying an additional 449 shares in the last quarter. MGB Wealth Management LLC raised 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 worth $163,000 after acquiring an additional 1,452 shares during the period. Captrust Financial Advisors purchased a new position in SPDR S&P Insurance ETF during the second quarter valued at approximately $214,000. IFG Advisory LLC bought a new position in shares of SPDR S&P Insurance ETF in the second quarter worth approximately $244,000. Finally, Jane Street Group LLC purchased a new stake in shares of SPDR S&P Insurance ETF in the second quarter worth $281,000.

SPDR S&P Insurance ETF Price Performance

Shares of KIE stock opened at $58.13 on Monday. SPDR S&P Insurance ETF has a one year low of $52.37 and a one year high of $61.27. The company’s fifty day moving average price is $58.84 and its 200-day moving average price is $58.74. The company has a market capitalization of $488.29 million, a price-to-earnings ratio of 14.40 and a beta of 0.74.

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. 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.