Narus Financial Partners LLC Has $246,000 Stake in SPDR S&P Insurance ETF (NYSEARCA:KIE)

Narus Financial Partners LLC trimmed its holdings in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) by 34.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 4,350 shares of the exchange traded fund’s stock after selling 2,300 shares during the quarter. Narus Financial Partners LLC’s holdings in SPDR S&P Insurance ETF were worth $246,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of KIE. Marshall Wace LLP acquired a new position in shares of SPDR S&P Insurance ETF during the second quarter worth about $1,391,000. Brookstone Capital Management lifted its stake in SPDR S&P Insurance ETF by 3.2% in the 3rd quarter. Brookstone Capital Management now owns 80,074 shares of the exchange traded fund’s stock valued at $4,544,000 after acquiring an additional 2,514 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its position in SPDR S&P Insurance ETF by 83.0% during the 3rd 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. CX Institutional bought a new position in shares of SPDR S&P Insurance ETF during the 3rd quarter worth approximately $476,000. Finally, NBC Securities Inc. grew its stake in shares of SPDR S&P Insurance ETF by 306.0% during the 3rd quarter. NBC Securities Inc. now owns 812 shares of the exchange traded fund’s stock worth $46,000 after acquiring an additional 612 shares in the last quarter.

SPDR S&P Insurance ETF Stock Up 0.5 %

Shares of KIE stock opened at $58.28 on Friday. SPDR S&P Insurance ETF has a 12 month low of $46.14 and a 12 month high of $62.47. The company’s fifty day simple moving average is $57.92 and its 200-day simple moving average is $56.50. The firm has a market cap of $815.92 million, a PE ratio of 15.18 and a beta of 0.58.

SPDR S&P Insurance ETF Profile

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.