1858 Wealth Management LLC Has $850,000 Stake in SPDR S&P Insurance ETF (NYSEARCA:KIE)

1858 Wealth Management LLC increased its stake in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) by 4.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,038 shares of the exchange traded fund’s stock after purchasing an additional 579 shares during the quarter. 1858 Wealth Management LLC owned approximately 0.11% of SPDR S&P Insurance ETF worth $850,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. lifted its position in 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 in the last quarter. Janney Capital Management LLC increased its stake in shares of 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 acquiring an additional 318 shares during the last quarter. PFG Investments LLC raised 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 acquiring an additional 423 shares in the last quarter. EP Wealth Advisors LLC boosted its position in SPDR S&P Insurance ETF by 6.5% during the third quarter. EP Wealth Advisors LLC now owns 7,378 shares of the exchange traded fund’s stock valued at $419,000 after purchasing an additional 449 shares during the last quarter. Finally, GoalVest Advisory LLC purchased a new position in SPDR S&P Insurance ETF in the fourth quarter valued at about $30,000.

SPDR S&P Insurance ETF Price Performance

Shares of KIE stock opened at $57.52 on Wednesday. SPDR S&P Insurance ETF has a fifty-two week low of $46.75 and a fifty-two week high of $62.47. The stock’s 50-day moving average is $57.69 and its two-hundred day moving average is $56.67. The firm has a market cap of $805.28 million, a P/E ratio of 15.18 and a beta of 0.58.

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.