809 Shares in SPDR S&P Insurance ETF (NYSEARCA:KIE) Purchased by Activest Wealth Management

Activest Wealth Management bought a new stake in SPDR S&P Insurance ETF (NYSEARCA:KIE) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 809 shares of the exchange traded fund’s stock, valued at approximately $46,000.

Several other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its stake in shares of SPDR S&P Insurance ETF by 9.1% in the third quarter. JPMorgan Chase & Co. now owns 2,985,840 shares of the exchange traded fund’s stock valued at $169,446,000 after purchasing an additional 248,015 shares during the period. Global Trust Asset Management LLC grew its stake in shares of SPDR S&P Insurance ETF by 258.0% in the third quarter. Global Trust Asset Management LLC now owns 1,790 shares of the exchange traded fund’s stock worth $102,000 after acquiring an additional 1,290 shares in the last quarter. FMR LLC increased its position in shares of SPDR S&P Insurance ETF by 19.5% during the third quarter. FMR LLC now owns 12,174 shares of the exchange traded fund’s stock worth $691,000 after acquiring an additional 1,983 shares during the period. Two Sigma Advisers LP purchased a new stake in shares of SPDR S&P Insurance ETF during the third quarter worth $12,990,000. Finally, Fulcrum Equity Management acquired a new stake in shares of SPDR S&P Insurance ETF in the third quarter valued at $1,324,000.

SPDR S&P Insurance ETF Price Performance

KIE opened at $58.50 on Monday. The business has a fifty day moving average price of $57.47 and a 200 day moving average price of $56.81. SPDR S&P Insurance ETF has a 12 month low of $46.99 and a 12 month high of $62.47. The stock has a market capitalization of $819 million, a price-to-earnings ratio of 15.18 and a beta of 0.58.

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.