Nova Wealth Management Inc. Has $100,000 Stock Holdings in SPDR S&P Insurance ETF $KIE

Nova Wealth Management Inc. cut its stake in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) by 48.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,654 shares of the exchange traded fund’s stock after selling 1,556 shares during the period. Nova Wealth Management Inc.’s holdings in SPDR S&P Insurance ETF were worth $100,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of KIE. Comerica Bank boosted its position in SPDR S&P Insurance ETF by 10.2% during the fourth quarter. Comerica Bank now owns 4,653 shares of the exchange traded fund’s stock valued at $263,000 after purchasing an additional 432 shares during the last quarter. BNP Paribas Financial Markets boosted its position in SPDR S&P Insurance ETF by 273.0% during the fourth quarter. BNP Paribas Financial Markets now owns 28,461 shares of the exchange traded fund’s stock valued at $1,609,000 after purchasing an additional 20,831 shares during the last quarter. Bank of America Corp DE boosted its position in SPDR S&P Insurance ETF by 3.6% during the fourth quarter. Bank of America Corp DE now owns 453,621 shares of the exchange traded fund’s stock valued at $25,639,000 after purchasing an additional 15,922 shares during the last quarter. Millennium Management LLC boosted its position in SPDR S&P Insurance ETF by 42.9% during the fourth quarter. Millennium Management LLC now owns 211,850 shares of the exchange traded fund’s stock valued at $11,974,000 after purchasing an additional 63,645 shares during the last quarter. Finally, First Heartland Consultants Inc. boosted its position in SPDR S&P Insurance ETF by 28.6% during the fourth quarter. First Heartland Consultants Inc. now owns 5,510 shares of the exchange traded fund’s stock valued at $311,000 after purchasing an additional 1,227 shares during the last quarter.

SPDR S&P Insurance ETF Stock Performance

Shares of NYSEARCA KIE opened at $59.20 on Friday. The stock has a 50 day moving average price of $57.93 and a 200 day moving average price of $58.24. SPDR S&P Insurance ETF has a 52 week low of $52.37 and a 52 week high of $62.47. The stock has a market capitalization of $885.04 million, a PE ratio of 14.40 and a beta of 0.86.

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.