Activest Wealth Management Makes New Investment in SPDR S&P Insurance ETF (NYSEARCA:KIE)

Activest Wealth Management acquired a new stake in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 809 shares of the exchange traded fund’s stock, valued at approximately $46,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. GoalVest Advisory LLC acquired a new position in SPDR S&P Insurance ETF during the 4th quarter valued at approximately $30,000. Silicon Valley Capital Partners purchased a new stake in shares of SPDR S&P Insurance ETF during the third quarter valued at $34,000. FSA Wealth Management LLC acquired a new position in shares of SPDR S&P Insurance ETF in the 3rd quarter valued at $40,000. NBC Securities Inc. raised its stake in SPDR S&P Insurance ETF by 306.0% in the 3rd quarter. NBC Securities Inc. now owns 812 shares of the exchange traded fund’s stock worth $46,000 after acquiring an additional 612 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted 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

SPDR S&P Insurance ETF stock opened at $58.50 on Monday. SPDR S&P Insurance ETF has a fifty-two week low of $46.99 and a fifty-two week high of $62.47. The company has a market cap of $819 million, a PE ratio of 15.18 and a beta of 0.58. The business’s 50-day simple moving average is $57.47 and its two-hundred day simple moving average is $56.81.

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.