137,757 KraneShares Hedgeye Hedged Equity Index ETF $KSPY Shares Purchased by Reyes Financial Architecture Inc.

Reyes Financial Architecture Inc. boosted its stake in shares of KraneShares Hedgeye Hedged Equity Index ETF (NYSEARCA:KSPY) by 727.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 156,686 shares of the company’s stock after buying an additional 137,757 shares during the quarter. KraneShares Hedgeye Hedged Equity Index ETF accounts for approximately 2.9% of Reyes Financial Architecture Inc.’s portfolio, making the stock its 5th largest holding. Reyes Financial Architecture Inc. owned 3.82% of KraneShares Hedgeye Hedged Equity Index ETF worth $4,719,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in KSPY. Persium Advisors LLC purchased a new position in KraneShares Hedgeye Hedged Equity Index ETF in the third quarter valued at about $205,000. Ascentis Independent Advisors acquired a new stake in shares of KraneShares Hedgeye Hedged Equity Index ETF during the 1st quarter valued at approximately $468,000. Cetera Investment Advisers boosted its stake in shares of KraneShares Hedgeye Hedged Equity Index ETF by 33.0% during the 1st quarter. Cetera Investment Advisers now owns 217,557 shares of the company’s stock worth $5,965,000 after acquiring an additional 53,933 shares in the last quarter. Ball & Co Wealth Management Inc. purchased a new stake in shares of KraneShares Hedgeye Hedged Equity Index ETF during the 1st quarter worth approximately $10,252,000. Finally, Private Advisor Group LLC purchased a new stake in shares of KraneShares Hedgeye Hedged Equity Index ETF during the 1st quarter worth approximately $11,218,000.

KraneShares Hedgeye Hedged Equity Index ETF Price Performance

KSPY opened at $30.09 on Friday. The stock has a market cap of $124.87 million, a P/E ratio of 24.69 and a beta of 0.43. The stock’s 50 day simple moving average is $30.05 and its 200 day simple moving average is $29.33. KraneShares Hedgeye Hedged Equity Index ETF has a 1-year low of $26.82 and a 1-year high of $30.41.

About KraneShares Hedgeye Hedged Equity Index ETF

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.