Centric Wealth Management Buys New Shares in KraneShares Hedgeye Hedged Equity Index ETF $KSPY

Centric Wealth Management purchased a new position in shares of KraneShares Hedgeye Hedged Equity Index ETF (NYSEARCA:KSPY) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 11,157 shares of the company’s stock, valued at approximately $283,000. Centric Wealth Management owned about 1.72% of KraneShares Hedgeye Hedged Equity Index ETF at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of KSPY. CLG LLC lifted its holdings in shares of KraneShares Hedgeye Hedged Equity Index ETF by 419.6% in the 1st quarter. CLG LLC now owns 224,007 shares of the company’s stock valued at $5,679,000 after purchasing an additional 180,899 shares during the last quarter. Envestnet Asset Management Inc. purchased a new stake in shares of KraneShares Hedgeye Hedged Equity Index ETF in the 1st quarter valued at about $1,029,000. Finally, Cetera Investment Advisers purchased a new stake in shares of KraneShares Hedgeye Hedged Equity Index ETF in the 1st quarter valued at about $1,036,000.

KraneShares Hedgeye Hedged Equity Index ETF Stock Performance

KraneShares Hedgeye Hedged Equity Index ETF stock opened at $27.59 on Friday. KraneShares Hedgeye Hedged Equity Index ETF has a fifty-two week low of $22.94 and a fifty-two week high of $27.65. The company has a market capitalization of $19.31 million and a P/E ratio of 24.69. The stock has a 50-day simple moving average of $27.02 and a 200-day simple moving average of $25.97.

KraneShares Hedgeye Hedged Equity Index ETF Company Profile

The KraneShares Hedgeye Hedged Equity Index ETF (KSPY) is an exchange-traded fund that is based on the Hedgeye Hedged Equity index. The fund tracks an index the provides exposure to the S&P 500, with the objective of reducing volatility and dynamically hedging downside risk. The underlying portfolio holds ETFs with exposure to the S&P 500 Index, a fund-of-funds, and weekly Index options KSPY was launched on Jul 16, 2024 and is issued by KraneShares.