Thurston Springer Miller Herd & Titak Inc. Makes New Investment in SPDR S&P Insurance ETF (NYSEARCA:KIE)

Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) during the second quarter, Holdings Channel reports. The institutional investor bought 765 shares of the exchange traded fund’s stock, valued at approximately $38,000.

A number of other large investors have also bought and sold shares of KIE. National Bank of Canada FI acquired a new position in shares of SPDR S&P Insurance ETF during the fourth quarter worth approximately $70,000. Manchester Capital Management LLC increased its stake in SPDR S&P Insurance ETF by 10.0% during the 1st quarter. Manchester Capital Management LLC now owns 3,300 shares of the exchange traded fund’s stock valued at $172,000 after purchasing an additional 300 shares in the last quarter. International Assets Investment Management LLC acquired a new position in SPDR S&P Insurance ETF during the fourth quarter worth $176,000. Private Portfolio Partners LLC bought a new position in shares of SPDR S&P Insurance ETF in the fourth quarter valued at $200,000. Finally, Meridian Wealth Management LLC bought a new position in shares of SPDR S&P Insurance ETF in the fourth quarter valued at $204,000.

SPDR S&P Insurance ETF Price Performance

Shares of NYSEARCA:KIE traded up $0.15 during midday trading on Tuesday, hitting $51.77. 1,698,985 shares of the company’s stock were exchanged, compared to its average volume of 939,550. SPDR S&P Insurance ETF has a 12 month low of $41.39 and a 12 month high of $54.77. The company has a market cap of $724.78 million, a PE ratio of 15.18 and a beta of 0.58. The stock has a 50 day moving average price of $50.92 and a 200-day moving average price of $50.04.

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.