SPDR S&P Insurance ETF (NYSEARCA:KIE) Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets decreased its position in SPDR S&P Insurance ETF (NYSEARCA:KIE) by 95.7% in the third quarter, Holdings Channel reports. The institutional investor owned 7,630 shares of the exchange traded fund’s stock after selling 168,095 shares during the period. BNP Paribas Financial Markets’ holdings in SPDR S&P Insurance ETF were worth $433,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of KIE. Price T Rowe Associates Inc. MD purchased a new position in shares of SPDR S&P Insurance ETF in the 1st quarter valued at about $215,000. Brookstone Capital Management increased its position in shares of SPDR S&P Insurance ETF by 5.2% in the second quarter. Brookstone Capital Management now owns 77,560 shares of the exchange traded fund’s stock valued at $4,091,000 after buying an additional 3,838 shares in the last quarter. Raymond James & Associates increased its position in shares of 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 in the last quarter. Vicus Capital raised its stake in shares of SPDR S&P Insurance ETF by 3.3% during the 2nd quarter. Vicus Capital now owns 57,257 shares of the exchange traded fund’s stock worth $2,853,000 after buying an additional 1,817 shares during the period. Finally, First Heartland Consultants Inc. purchased a new position in shares of SPDR S&P Insurance ETF during the 2nd quarter valued at approximately $207,000.

SPDR S&P Insurance ETF Stock Performance

Shares of NYSEARCA KIE opened at $58.40 on Friday. The firm has a fifty day moving average of $58.65 and a 200 day moving average of $54.97. The firm has a market cap of $817.60 million, a PE ratio of 15.18 and a beta of 0.58. SPDR S&P Insurance ETF has a one year low of $44.24 and a one year high of $62.47.

SPDR S&P Insurance ETF Company 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.