Ameritas Advisory Services LLC Purchases New Position in SPDR S&P Insurance ETF $KIE

Ameritas Advisory Services LLC purchased a new stake in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,398 shares of the exchange traded fund’s stock, valued at approximately $84,000.

Other institutional investors also recently bought and sold shares of the company. Golden State Wealth Management LLC purchased a new stake in shares of SPDR S&P Insurance ETF in the first quarter valued at approximately $27,000. AlphaCore Capital LLC acquired a new stake in shares of SPDR S&P Insurance ETF in the first quarter worth approximately $46,000. Provident Wealth Management LLC acquired a new position in SPDR S&P Insurance ETF during the first quarter worth $48,000. WPG Advisers LLC acquired a new position in SPDR S&P Insurance ETF during the first quarter worth $54,000. Finally, Brooklyn Investment Group purchased a new stake in SPDR S&P Insurance ETF in the first quarter valued at $73,000.

SPDR S&P Insurance ETF Stock Down 1.4%

NYSEARCA:KIE opened at $58.39 on Friday. The stock’s fifty day moving average is $58.63 and its two-hundred day moving average is $58.20. SPDR S&P Insurance ETF has a 52 week low of $52.37 and a 52 week high of $62.47. The company has a market capitalization of $694.84 million, a P/E 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.