Capital Planning Advisors LLC Raises Stake in SPDR S&P Insurance ETF (NYSEARCA:KIE)

Capital Planning Advisors LLC increased its stake in SPDR S&P Insurance ETF (NYSEARCA:KIE) by 5.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 145,834 shares of the exchange traded fund’s stock after purchasing an additional 7,178 shares during the quarter. SPDR S&P Insurance ETF accounts for 1.3% of Capital Planning Advisors LLC’s investment portfolio, making the stock its 21st largest position. Capital Planning Advisors LLC’s holdings in SPDR S&P Insurance ETF were worth $8,243,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in KIE. GoalVest Advisory LLC purchased a new stake in shares of SPDR S&P Insurance ETF in the fourth quarter valued at about $30,000. Silicon Valley Capital Partners purchased a new stake in SPDR S&P Insurance ETF in the 3rd quarter valued at approximately $34,000. FSA Wealth Management LLC purchased a new stake in SPDR S&P Insurance ETF in the 3rd quarter valued at approximately $40,000. NBC Securities Inc. increased its position in SPDR S&P Insurance ETF by 306.0% during the third quarter. NBC Securities Inc. now owns 812 shares of the exchange traded fund’s stock worth $46,000 after buying an additional 612 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of SPDR S&P Insurance ETF by 83.0% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,400 shares of the exchange traded fund’s stock worth $79,000 after acquiring an additional 635 shares during the last quarter.

SPDR S&P Insurance ETF Stock Down 0.7 %

Shares of NYSEARCA:KIE opened at $57.02 on Thursday. The company has a market capitalization of $798.28 million, a P/E ratio of 15.18 and a beta of 0.58. SPDR S&P Insurance ETF has a 52-week low of $46.14 and a 52-week high of $62.47. The stock’s fifty day simple moving average is $58.15 and its 200-day simple moving average is $56.23.

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.