Wells Fargo & Company MN Has $8.13 Million Stake in SPDR S&P Insurance ETF (KIE)

Wells Fargo & Company MN boosted its stake in SPDR S&P Insurance ETF (NYSEARCA:KIE) by 8.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 90,369 shares of the exchange traded fund’s stock after acquiring an additional 7,238 shares during the quarter. Wells Fargo & Company MN owned 1.07% of SPDR S&P Insurance ETF worth $8,132,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of KIE. Cambridge Investment Research Advisors Inc. raised its holdings in shares of SPDR S&P Insurance ETF by 7.3% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 12,607 shares of the exchange traded fund’s stock valued at $1,110,000 after purchasing an additional 854 shares during the period. Pension Partners LLC grew its stake in SPDR S&P Insurance ETF by 0.4% in the 2nd quarter. Pension Partners LLC now owns 3,021 shares of the exchange traded fund’s stock valued at $266,000 after buying an additional 11 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in SPDR S&P Insurance ETF in the 2nd quarter valued at about $522,000. Private Advisor Group LLC grew its stake in SPDR S&P Insurance ETF by 14.7% in the 2nd quarter. Private Advisor Group LLC now owns 4,618 shares of the exchange traded fund’s stock valued at $410,000 after buying an additional 593 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of SPDR S&P Insurance ETF by 8.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 39,323 shares of the exchange traded fund’s stock worth $3,463,000 after acquiring an additional 3,079 shares in the last quarter.

Shares of SPDR S&P Insurance ETF (NYSEARCA KIE) opened at $31.09 on Friday. The stock has a market cap of $846.57 and a P/E ratio of 60.96. SPDR S&P Insurance ETF has a 52-week low of $27.48 and a 52-week high of $31.48.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 26th. Investors of record on Monday, December 18th were paid a $0.1748 dividend. This represents a $0.70 annualized dividend and a yield of 2.25%. The ex-dividend date was Friday, December 15th. SPDR S&P Insurance ETF’s payout ratio is 213.73%.

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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.

Institutional Ownership by Quarter for SPDR S&P Insurance ETF (NYSEARCA:KIE)

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