Raymond James Financial Services Advisors Inc. Buys 4,265 Shares of SPDR S&P Insurance ETF (NYSEARCA:KIE)

Raymond James Financial Services Advisors Inc. increased its stake in SPDR S&P Insurance ETF (NYSEARCA:KIE) by 30.6% in the first quarter, Holdings Channel reports. The fund owned 18,214 shares of the exchange traded fund’s stock after purchasing an additional 4,265 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in SPDR S&P Insurance ETF were worth $563,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in KIE. Financial Advocates Investment Management lifted its stake in shares of SPDR S&P Insurance ETF by 234.7% in the 4th quarter. Financial Advocates Investment Management now owns 492 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 345 shares during the last quarter. Bruderman Asset Management LLC bought a new stake in shares of SPDR S&P Insurance ETF in the 4th quarter valued at about $26,000. Berman Capital Advisors LLC bought a new stake in shares of SPDR S&P Insurance ETF in the 4th quarter valued at about $42,000. Lehman & Derafelo Financial Resources LLC bought a new stake in shares of SPDR S&P Insurance ETF in the 4th quarter valued at about $45,000. Finally, Kwmg LLC bought a new stake in shares of SPDR S&P Insurance ETF in the 4th quarter valued at about $51,000.

NYSEARCA KIE opened at $33.85 on Friday. SPDR S&P Insurance ETF has a 1-year low of $26.49 and a 1-year high of $33.98.

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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.

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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:KIE).

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

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