RFG Advisory LLC Makes New $306,000 Investment in SPDR S&P Insurance ETF (NYSEARCA:KIE)

RFG Advisory LLC bought a new stake in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,413 shares of the exchange traded fund’s stock, valued at approximately $306,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. GoalVest Advisory LLC bought a new position in SPDR S&P Insurance ETF in the 4th quarter worth about $30,000. Silicon Valley Capital Partners bought a new position in SPDR S&P Insurance ETF in the 3rd quarter worth approximately $34,000. FSA Wealth Management LLC acquired a new stake in SPDR S&P Insurance ETF in the 3rd quarter valued at approximately $40,000. NBC Securities Inc. raised its stake in SPDR S&P Insurance ETF by 306.0% during the 3rd quarter. NBC Securities Inc. now owns 812 shares of the exchange traded fund’s stock valued at $46,000 after acquiring an additional 612 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its position in SPDR S&P Insurance ETF by 83.0% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,400 shares of the exchange traded fund’s stock worth $79,000 after acquiring an additional 635 shares during the period.

SPDR S&P Insurance ETF Stock Performance

NYSEARCA:KIE opened at $58.05 on Wednesday. SPDR S&P Insurance ETF has a 1 year low of $46.14 and a 1 year high of $62.47. The business has a fifty day moving average of $57.99 and a 200-day moving average of $56.47. The stock has a market cap of $812.70 million, a price-to-earnings ratio of 15.18 and a beta of 0.58.

About SPDR S&P Insurance ETF

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.