Fmr LLC Grows Stock Holdings in SPDR S&P Insurance ETF (NYSEARCA:KIE)

Fmr LLC lifted its position in SPDR S&P Insurance ETF (NYSEARCA:KIE) by 19.5% during the third quarter, Holdings Channel reports. The institutional investor owned 12,174 shares of the exchange traded fund’s stock after buying an additional 1,983 shares during the quarter. Fmr LLC’s holdings in SPDR S&P Insurance ETF were worth $691,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Fischer Investment Strategies LLC grew its holdings 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 purchasing an additional 38,476 shares during the last quarter. Raymond James & Associates raised its stake 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 valued at $8,458,000 after buying an additional 122,709 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in SPDR S&P Insurance ETF by 11.0% in the second quarter. Envestnet Asset Management Inc. now owns 90,620 shares of the exchange traded fund’s stock valued at $4,516,000 after buying an additional 9,000 shares during the last quarter. Global Trust Asset Management LLC grew its stake in shares of SPDR S&P Insurance ETF by 258.0% during 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 during the last quarter. Finally, Chicago Wealth Management Inc. grew its stake in shares of SPDR S&P Insurance ETF by 0.9% during the second quarter. Chicago Wealth Management Inc. now owns 131,750 shares of the exchange traded fund’s stock worth $6,565,000 after acquiring an additional 1,221 shares during the last quarter.

SPDR S&P Insurance ETF Stock Down 1.3 %

Shares of SPDR S&P Insurance ETF stock opened at $57.57 on Wednesday. SPDR S&P Insurance ETF has a 52 week low of $44.24 and a 52 week high of $62.47. The company has a 50 day moving average price of $58.71 and a 200 day moving average price of $55.06. The firm has a market capitalization of $805.91 million, a P/E ratio of 15.18 and a beta of 0.58.

About SPDR S&P Insurance ETF

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.