SPDR S&P Insurance ETF (NYSEARCA:KIE) Shares Acquired by LPL Financial LLC

LPL Financial LLC lifted its position in SPDR S&P Insurance ETF (NYSEARCA:KIE) by 14.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 624,315 shares of the exchange traded fund’s stock after acquiring an additional 79,755 shares during the period. LPL Financial LLC owned 4.46% of SPDR S&P Insurance ETF worth $35,286,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in KIE. Simplex Trading LLC acquired a new stake in SPDR S&P Insurance ETF during the 4th quarter worth $459,000. Chicago Wealth Management Inc. raised its holdings in SPDR S&P Insurance ETF by 4.1% in the 4th quarter. Chicago Wealth Management Inc. now owns 140,080 shares of the exchange traded fund’s stock valued at $7,917,000 after acquiring an additional 5,558 shares during the last quarter. Hollencrest Capital Management lifted its stake in SPDR S&P Insurance ETF by 35,475.8% in the 4th quarter. Hollencrest Capital Management now owns 110,285 shares of the exchange traded fund’s stock worth $6,231,000 after purchasing an additional 109,975 shares in the last quarter. Briaud Financial Planning Inc acquired a new position in shares of SPDR S&P Insurance ETF during the 4th quarter worth approximately $27,000. Finally, Amundi grew its position in shares of SPDR S&P Insurance ETF by 425.0% in the fourth quarter. Amundi now owns 2,100 shares of the exchange traded fund’s stock valued at $117,000 after purchasing an additional 1,700 shares in the last quarter.

SPDR S&P Insurance ETF Stock Performance

Shares of SPDR S&P Insurance ETF stock opened at $60.15 on Friday. The business’s 50 day moving average price is $58.54 and its 200 day moving average price is $57.92. The company has a market cap of $932.33 million, a price-to-earnings ratio of 12.26 and a beta of 0.86. SPDR S&P Insurance ETF has a one year low of $47.65 and a one year high of $62.47.

SPDR S&P Insurance ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were issued a dividend of $0.296 per share. The ex-dividend date of this dividend was Monday, March 24th. This is a positive change from SPDR S&P Insurance ETF’s previous dividend of $0.18.

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.