Janney Montgomery Scott LLC Has $2.28 Million Stock Position in SPDR S&P Insurance ETF (NYSEARCA:KIE)

Janney Montgomery Scott LLC lifted its holdings in SPDR S&P Insurance ETF (NYSEARCA:KIE) by 40.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 40,182 shares of the exchange traded fund’s stock after purchasing an additional 11,574 shares during the period. Janney Montgomery Scott LLC’s holdings in SPDR S&P Insurance ETF were worth $2,280,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Raymond James & Associates grew its holdings in SPDR S&P Insurance ETF by 261.0% in the 2nd 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. Kingsview Wealth Management LLC increased its holdings in shares of SPDR S&P Insurance ETF by 345.7% during the first quarter. Kingsview Wealth Management LLC now owns 130,814 shares of the exchange traded fund’s stock worth $6,812,000 after buying an additional 101,462 shares in the last quarter. SPC Financial Inc. bought a new stake in shares of SPDR S&P Insurance ETF during the third quarter worth $4,747,000. Fischer Investment Strategies LLC raised its stake in shares of SPDR S&P Insurance ETF by 119.6% in the second quarter. Fischer Investment Strategies LLC now owns 70,638 shares of the exchange traded fund’s stock worth $3,520,000 after acquiring an additional 38,476 shares during the last quarter. Finally, Prudential PLC bought a new position in SPDR S&P Insurance ETF in the 2nd quarter valued at $1,835,000.

SPDR S&P Insurance ETF Trading Up 0.1 %

Shares of NYSEARCA KIE opened at $59.35 on Wednesday. The firm’s 50-day moving average is $56.84 and its 200-day moving average is $53.44. SPDR S&P Insurance ETF has a 1 year low of $43.45 and a 1 year high of $59.65. The firm has a market capitalization of $830.90 million, a PE 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.