SPDR S&P Insurance ETF (NYSEARCA:KIE) Stock Holdings Lessened by Yoder Wealth Management Inc.

Yoder Wealth Management Inc. trimmed its stake in SPDR S&P Insurance ETF (NYSEARCA:KIE) by 20.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,515 shares of the exchange traded fund’s stock after selling 1,145 shares during the quarter. Yoder Wealth Management Inc.’s holdings in SPDR S&P Insurance ETF were worth $256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in KIE. Global Trust Asset Management LLC purchased a new stake in shares of SPDR S&P Insurance ETF in the second quarter worth approximately $25,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in SPDR S&P Insurance ETF during the second quarter valued at approximately $38,000. NBC Securities Inc. raised its position in SPDR S&P Insurance ETF by 306.0% during the third quarter. NBC Securities Inc. now owns 812 shares of the exchange traded fund’s stock valued at $46,000 after acquiring an additional 612 shares in the last quarter. Lynx Investment Advisory bought a new position in SPDR S&P Insurance ETF during the second quarter valued at approximately $49,000. Finally, Headlands Technologies LLC raised its position in SPDR S&P Insurance ETF by 598.5% during the second quarter. Headlands Technologies LLC now owns 1,355 shares of the exchange traded fund’s stock valued at $68,000 after acquiring an additional 1,161 shares in the last quarter.

SPDR S&P Insurance ETF Stock Up 0.3 %

KIE stock traded up $0.20 during midday trading on Thursday, hitting $57.49. 201,862 shares of the company traded hands, compared to its average volume of 951,632. SPDR S&P Insurance ETF has a twelve month low of $41.56 and a twelve month high of $58.82. The business has a 50 day simple moving average of $56.24 and a 200-day simple moving average of $52.60. The stock has a market capitalization of $804.86 million, a price-to-earnings ratio of 15.18 and a beta of 0.58.

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.