Global Retirement Partners LLC Decreases Position in SPDR S&P Insurance ETF (NYSEARCA:KIE)

Global Retirement Partners LLC decreased its holdings in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) by 2.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,581 shares of the exchange traded fund’s stock after selling 408 shares during the quarter. Global Retirement Partners LLC’s holdings in SPDR S&P Insurance ETF were worth $1,054,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Fischer Investment Strategies LLC lifted its stake in SPDR S&P Insurance ETF by 119.6% during the second quarter. Fischer Investment Strategies LLC now owns 70,638 shares of the exchange traded fund’s stock worth $3,520,000 after purchasing an additional 38,476 shares during the last quarter. Raymond James & Associates lifted its stake in 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 during the last quarter. Capital CS Group LLC purchased a new stake in SPDR S&P Insurance ETF in the second quarter valued at approximately $215,000. Envestnet Asset Management Inc. lifted its stake in SPDR S&P Insurance ETF by 11.0% in the second quarter. Envestnet Asset Management Inc. now owns 90,620 shares of the exchange traded fund’s stock valued at $4,516,000 after buying an additional 9,000 shares during the last quarter. Finally, Vicus Capital purchased a new stake in SPDR S&P Insurance ETF in the first quarter valued at approximately $2,887,000.

SPDR S&P Insurance ETF Trading Down 0.5 %

Shares of NYSEARCA KIE opened at $58.41 on Friday. SPDR S&P Insurance ETF has a twelve month low of $41.56 and a twelve month high of $58.82. The stock has a 50 day moving average of $55.96 and a two-hundred day moving average of $52.47. The stock has a market cap of $817.74 million, a P/E ratio of 15.18 and a beta of 0.58.

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.