Fischer Investment Strategies LLC Grows Stock Position in SPDR S&P Insurance ETF (NYSEARCA:KIE)

Fischer Investment Strategies LLC lifted its holdings in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) by 119.6% during the second quarter, Holdings Channel.com reports. The fund owned 70,638 shares of the exchange traded fund’s stock after acquiring an additional 38,476 shares during the period. SPDR S&P Insurance ETF accounts for approximately 3.4% of Fischer Investment Strategies LLC’s holdings, making the stock its 11th biggest holding. Fischer Investment Strategies LLC’s holdings in SPDR S&P Insurance ETF were worth $3,520,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of KIE. Global Trust Asset Management LLC acquired a new position in shares of SPDR S&P Insurance ETF in the 2nd quarter valued at $25,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SPDR S&P Insurance ETF during the 2nd quarter valued at about $38,000. Lynx Investment Advisory purchased a new stake in SPDR S&P Insurance ETF during the 2nd quarter valued at about $49,000. Headlands Technologies LLC increased its holdings in shares of SPDR S&P Insurance ETF by 598.5% in the second quarter. Headlands Technologies LLC now owns 1,355 shares of the exchange traded fund’s stock valued at $68,000 after purchasing an additional 1,161 shares during the period. Finally, Manchester Capital Management LLC raised its stake in shares of SPDR S&P Insurance ETF by 10.0% in the first quarter. Manchester Capital Management LLC now owns 3,300 shares of the exchange traded fund’s stock worth $172,000 after purchasing an additional 300 shares during the last quarter.

SPDR S&P Insurance ETF Stock Down 0.4 %

Shares of NYSEARCA KIE opened at $56.46 on Friday. SPDR S&P Insurance ETF has a 52 week low of $41.47 and a 52 week high of $57.21. The business’s 50 day moving average price is $54.16 and its 200 day moving average price is $51.61. The firm has a market cap of $790.44 million, a P/E 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.