36,830 Shares in SPDR S&P Insurance ETF (NYSEARCA:KIE) Purchased by Prudential PLC

Prudential PLC bought a new stake in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 36,830 shares of the exchange traded fund’s stock, valued at approximately $1,835,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in KIE. Global Trust Asset Management LLC acquired a new position in shares of SPDR S&P Insurance ETF during the second quarter valued at approximately $25,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of SPDR S&P Insurance ETF in the 2nd quarter worth $38,000. Lynx Investment Advisory acquired a new stake in shares of SPDR S&P Insurance ETF in the second quarter valued at $49,000. National Bank of Canada FI bought a new position in SPDR S&P Insurance ETF during the fourth quarter valued at about $70,000. Finally, Manchester Capital Management LLC grew its holdings in SPDR S&P Insurance ETF by 10.0% during the first quarter. Manchester Capital Management LLC now owns 3,300 shares of the exchange traded fund’s stock worth $172,000 after acquiring an additional 300 shares during the period.

SPDR S&P Insurance ETF Trading Down 1.0 %

Shares of SPDR S&P Insurance ETF stock opened at $54.68 on Thursday. SPDR S&P Insurance ETF has a 52 week low of $41.47 and a 52 week high of $56.76. The stock has a market cap of $765.52 million, a PE ratio of 15.18 and a beta of 0.58. The company’s 50-day moving average price is $53.29 and its two-hundred day moving average price is $51.28.

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.