Marshall Investment Management LLC Sells 1,302 Shares of SPDR S&P Insurance ETF (NYSEARCA:KIE)

Marshall Investment Management LLC decreased its holdings in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) by 5.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,049 shares of the exchange traded fund’s stock after selling 1,302 shares during the period. Marshall Investment Management LLC’s holdings in SPDR S&P Insurance ETF were worth $1,395,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in KIE. Golden State Wealth Management LLC bought a new stake in shares of SPDR S&P Insurance ETF during the 1st quarter valued at about $27,000. Provident Wealth Management LLC bought a new stake in shares of SPDR S&P Insurance ETF during the 1st quarter valued at about $48,000. National Bank of Canada FI boosted its position in shares of SPDR S&P Insurance ETF by 33.1% during the 4th quarter. National Bank of Canada FI now owns 1,167 shares of the exchange traded fund’s stock valued at $66,000 after purchasing an additional 290 shares in the last quarter. Headlands Technologies LLC boosted its position in shares of SPDR S&P Insurance ETF by 3,187.3% during the 4th quarter. Headlands Technologies LLC now owns 2,334 shares of the exchange traded fund’s stock valued at $132,000 after purchasing an additional 2,263 shares in the last quarter. Finally, NBC Securities Inc. boosted its holdings in SPDR S&P Insurance ETF by 136,250.0% in the first quarter. NBC Securities Inc. now owns 2,727 shares of the exchange traded fund’s stock worth $165,000 after acquiring an additional 2,725 shares in the last quarter.

SPDR S&P Insurance ETF Stock Performance

Shares of NYSEARCA:KIE opened at $57.03 on Tuesday. The business’s 50 day simple moving average is $58.30 and its two-hundred day simple moving average is $58.11. The firm has a market cap of $849.75 million, a P/E ratio of 14.40 and a beta of 0.86. SPDR S&P Insurance ETF has a 52-week low of $50.98 and a 52-week high of $62.47.

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.