988 Shares in SPDR S&P Insurance ETF (NYSEARCA:KIE) Acquired by Lynx Investment Advisory

Lynx Investment Advisory acquired a new stake in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) in the second quarter, Holdings Channel reports. The firm acquired 988 shares of the exchange traded fund’s stock, valued at approximately $49,000.

A number of other large investors have also added to or reduced their stakes in KIE. Manchester Capital Management LLC increased its holdings in shares of SPDR S&P Insurance ETF by 10.0% during the first quarter. Manchester Capital Management LLC now owns 3,300 shares of the exchange traded fund’s stock valued at $172,000 after acquiring an additional 300 shares in the last quarter. Global Retirement Partners LLC increased its stake in SPDR S&P Insurance ETF by 3.2% during the 1st quarter. Global Retirement Partners LLC now owns 19,008 shares of the exchange traded fund’s stock valued at $990,000 after purchasing an additional 588 shares in the last quarter. Cookson Peirce & Co. Inc. increased its stake in SPDR S&P Insurance ETF by 5.2% during the 4th quarter. Cookson Peirce & Co. Inc. now owns 12,027 shares of the exchange traded fund’s stock valued at $544,000 after purchasing an additional 597 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in SPDR S&P Insurance ETF in the second quarter worth about $38,000. Finally, Advisors Preferred LLC bought a new position in shares of SPDR S&P Insurance ETF in the fourth quarter worth approximately $44,000.

SPDR S&P Insurance ETF Stock Performance

Shares of KIE traded up $0.48 on Wednesday, hitting $52.25. 410,247 shares of the stock traded hands, compared to its average volume of 936,044. The company has a market capitalization of $731.50 million, a PE ratio of 15.18 and a beta of 0.58. SPDR S&P Insurance ETF has a one year low of $41.39 and a one year high of $54.77. The business has a 50 day simple moving average of $50.95 and a 200 day simple moving average of $50.08.

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.