SPDR S&P Insurance ETF (NYSEARCA:KIE) Position Raised by EP Wealth Advisors LLC

EP Wealth Advisors LLC increased its position in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) by 6.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,378 shares of the exchange traded fund’s stock after purchasing an additional 449 shares during the period. EP Wealth Advisors LLC owned 0.05% of SPDR S&P Insurance ETF worth $419,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Two Sigma Advisers LP acquired a new position in SPDR S&P Insurance ETF in the third quarter worth approximately $12,990,000. Raymond James & Associates grew its position in SPDR S&P Insurance ETF by 261.0% in the second quarter. Raymond James & Associates now owns 169,728 shares of the exchange traded fund’s stock worth $8,458,000 after buying an additional 122,709 shares during the last quarter. SPC Financial Inc. acquired a new position in SPDR S&P Insurance ETF in the third quarter worth approximately $4,747,000. DRW Securities LLC acquired a new position in SPDR S&P Insurance ETF in the third quarter worth approximately $3,064,000. Finally, Fischer Investment Strategies LLC grew its position in SPDR S&P Insurance ETF by 119.6% in the second quarter. Fischer Investment Strategies LLC now owns 70,638 shares of the exchange traded fund’s stock worth $3,520,000 after buying an additional 38,476 shares during the last quarter.

SPDR S&P Insurance ETF Stock Performance

SPDR S&P Insurance ETF stock opened at $58.29 on Friday. The firm has a market cap of $816.06 million, a price-to-earnings ratio of 15.18 and a beta of 0.58. SPDR S&P Insurance ETF has a 1 year low of $44.24 and a 1 year high of $62.47. The firm’s 50 day moving average price is $58.64 and its two-hundred day moving average price is $54.89.

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.