Briaud Financial Planning Inc Acquires Shares of 491 SPDR S&P Insurance ETF (NYSEARCA:KIE)

Briaud Financial Planning Inc acquired a new stake in SPDR S&P Insurance ETF (NYSEARCA:KIE) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 491 shares of the exchange traded fund’s stock, valued at approximately $27,000.

Several other large investors also recently added to or reduced their stakes in KIE. GoalVest Advisory LLC bought a new stake in shares of SPDR S&P Insurance ETF in the 4th quarter valued at about $30,000. FSA Wealth Management LLC bought a new stake in shares of SPDR S&P Insurance ETF in the 3rd quarter valued at about $40,000. Activest Wealth Management bought a new stake in shares of SPDR S&P Insurance ETF in the 4th quarter valued at about $46,000. MGB Wealth Management LLC bought a new stake in shares of SPDR S&P Insurance ETF in the 4th quarter valued at about $70,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of 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 valued at $92,000 after purchasing an additional 226 shares in the last quarter.

SPDR S&P Insurance ETF Stock Performance

NYSEARCA:KIE opened at $58.27 on Tuesday. The firm has a market cap of $932.32 million, a P/E ratio of 12.89 and a beta of 0.88. The firm has a 50-day simple moving average of $57.53 and a 200-day simple moving average of $57.56. SPDR S&P Insurance ETF has a one year low of $47.65 and a one year high of $62.47.

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.