US Bancorp DE Cuts Holdings in SPDR S&P Insurance ETF (NYSEARCA:KIE)

US Bancorp DE lowered its position in SPDR S&P Insurance ETF (NYSEARCA:KIEFree Report) by 26.1% during the third quarter, Holdings Channel.com reports. The fund owned 1,701 shares of the exchange traded fund’s stock after selling 600 shares during the quarter. US Bancorp DE’s holdings in SPDR S&P Insurance ETF were worth $97,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Global Trust Asset Management LLC acquired a new position in shares of SPDR S&P Insurance ETF during the 2nd quarter valued at $25,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of SPDR S&P Insurance ETF in the second quarter worth about $38,000. NBC Securities Inc. grew its stake in shares of SPDR S&P Insurance ETF by 306.0% in the third quarter. NBC Securities Inc. now owns 812 shares of the exchange traded fund’s stock valued at $46,000 after buying an additional 612 shares in the last quarter. Lynx Investment Advisory purchased a new stake in shares of SPDR S&P Insurance ETF during the 2nd quarter valued at about $49,000. Finally, Headlands Technologies LLC lifted its position in SPDR S&P Insurance ETF by 598.5% during the 2nd quarter. Headlands Technologies LLC now owns 1,355 shares of the exchange traded fund’s stock worth $68,000 after acquiring an additional 1,161 shares in the last quarter.

SPDR S&P Insurance ETF Stock Up 0.4 %

Shares of NYSEARCA:KIE opened at $59.40 on Friday. The company has a market capitalization of $831.60 million, a price-to-earnings ratio of 15.18 and a beta of 0.58. The company has a 50 day moving average of $57.05 and a two-hundred day moving average of $53.63. SPDR S&P Insurance ETF has a 52-week low of $43.66 and a 52-week high of $59.77.

SPDR S&P Insurance ETF Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding KIE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Insurance ETF (NYSEARCA:KIEFree Report).

Institutional Ownership by Quarter for SPDR S&P Insurance ETF (NYSEARCA:KIE)

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