SPDR S&P Insurance ETF (NYSEARCA:KIE) Shares Sold by Insight Wealth Strategies LLC

Insight Wealth Strategies LLC decreased its stake in shares of SPDR S&P Insurance ETF (NYSEARCA:KIEFree Report) by 49.3% during the first quarter, HoldingsChannel reports. The firm owned 168,446 shares of the exchange traded fund’s stock after selling 163,737 shares during the quarter. SPDR S&P Insurance ETF makes up about 1.3% of Insight Wealth Strategies LLC’s investment portfolio, making the stock its 20th largest position. Insight Wealth Strategies LLC’s holdings in SPDR S&P Insurance ETF were worth $8,771,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Advisors Preferred LLC purchased a new stake in SPDR S&P Insurance ETF during the 4th quarter worth approximately $44,000. National Bank of Canada FI purchased a new stake in shares of SPDR S&P Insurance ETF in the fourth quarter valued at approximately $70,000. International Assets Investment Management LLC acquired a new stake in shares of SPDR S&P Insurance ETF in the fourth quarter valued at approximately $176,000. Private Portfolio Partners LLC acquired a new stake in shares of SPDR S&P Insurance ETF in the fourth quarter valued at approximately $200,000. Finally, Meridian Wealth Management LLC purchased a new position in SPDR S&P Insurance ETF during the fourth quarter worth approximately $204,000.

SPDR S&P Insurance ETF Trading Up 0.7 %

NYSEARCA:KIE traded up $0.35 during trading hours on Wednesday, hitting $50.05. The company had a trading volume of 911,598 shares, compared to its average volume of 888,007. SPDR S&P Insurance ETF has a 1 year low of $39.47 and a 1 year high of $52.26. The company has a 50-day moving average of $49.96 and a 200 day moving average of $48.64. The company has a market cap of $700.70 million, a P/E ratio of 15.18 and a beta of 0.58.

SPDR S&P Insurance ETF Company Profile

(Free Report)

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.

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Want to see what other hedge funds are holding KIE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Insurance ETF (NYSEARCA:KIEFree Report).

Institutional Ownership by Quarter for SPDR S&P Insurance ETF (NYSEARCA:KIE)

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