MML Investors Services LLC Purchases 876 Shares of SPDR S&P Insurance ETF (NYSEARCA:KIE)

MML Investors Services LLC boosted its position in SPDR S&P Insurance ETF (NYSEARCA:KIE) by 1.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,485 shares of the exchange traded fund’s stock after buying an additional 876 shares during the period. MML Investors Services LLC owned approximately 0.41% of SPDR S&P Insurance ETF worth $3,262,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in KIE. Silicon Valley Capital Partners bought a new stake in SPDR S&P Insurance ETF during the 3rd quarter worth approximately $34,000. FSA Wealth Management LLC bought a new stake in SPDR S&P Insurance ETF during the 3rd quarter worth approximately $40,000. NBC Securities Inc. increased its holdings in 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 purchasing an additional 612 shares in the last quarter. Headlands Technologies LLC boosted its stake in shares of SPDR S&P Insurance ETF by 598.5% in the 2nd quarter. Headlands Technologies LLC now owns 1,355 shares of the exchange traded fund’s stock worth $68,000 after buying an additional 1,161 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of SPDR S&P Insurance ETF by 83.0% in 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 buying an additional 635 shares during the last quarter.

SPDR S&P Insurance ETF Stock Up 0.2 %

Shares of NYSEARCA KIE opened at $58.40 on Friday. SPDR S&P Insurance ETF has a twelve month low of $44.24 and a twelve month high of $62.47. The stock’s 50 day moving average price is $58.65 and its 200-day moving average price is $54.97. The company has a market capitalization of $817.60 million, a PE ratio of 15.18 and a beta of 0.58.

SPDR S&P Insurance ETF Company 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.