SPDR S&P Insurance ETF (NYSEARCA:KIE) Sets New 12-Month High at $35.20

SPDR S&P Insurance ETF (NYSEARCA:KIE)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $35.20 and last traded at $35.20, with a volume of 4992 shares. The stock had previously closed at $34.89.

The business has a 50-day moving average of $34.07 and a 200-day moving average of $33.24.

Large investors have recently modified their holdings of the stock. Assetmark Inc. acquired a new position in SPDR S&P Insurance ETF in the 2nd quarter valued at about $75,299,000. Factory Mutual Insurance Co. grew its position in SPDR S&P Insurance ETF by 46.5% in the 2nd quarter. Factory Mutual Insurance Co. now owns 5,197,700 shares of the exchange traded fund’s stock valued at $176,671,000 after acquiring an additional 1,649,000 shares in the last quarter. Bank of America Corp DE grew its position in SPDR S&P Insurance ETF by 11.5% in the 2nd quarter. Bank of America Corp DE now owns 12,885,612 shares of the exchange traded fund’s stock valued at $437,981,000 after acquiring an additional 1,327,429 shares in the last quarter. Royal Bank of Canada grew its position in SPDR S&P Insurance ETF by 663.5% in the 2nd quarter. Royal Bank of Canada now owns 441,474 shares of the exchange traded fund’s stock valued at $15,006,000 after acquiring an additional 383,652 shares in the last quarter. Finally, UBS Group AG grew its position in SPDR S&P Insurance ETF by 348.3% in the 2nd quarter. UBS Group AG now owns 337,077 shares of the exchange traded fund’s stock valued at $11,457,000 after acquiring an additional 261,883 shares in the last quarter.

SPDR S&P Insurance ETF Company Profile (NYSEARCA:KIE)

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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