Fulcrum Equity Management Acquires Shares of 23,323 SPDR S&P Insurance ETF (NYSEARCA:KIE)

Fulcrum Equity Management acquired a new position in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 23,323 shares of the exchange traded fund’s stock, valued at approximately $1,324,000. SPDR S&P Insurance ETF comprises 1.1% of Fulcrum Equity Management’s investment portfolio, making the stock its 17th biggest holding. Fulcrum Equity Management owned about 0.17% of SPDR S&P Insurance ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Silicon Valley Capital Partners bought a new stake in SPDR S&P Insurance ETF during the third quarter worth $34,000. FSA Wealth Management LLC bought a new position in shares of SPDR S&P Insurance ETF in the third quarter valued at about $40,000. NBC Securities Inc. lifted 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 buying an additional 612 shares during the last quarter. Headlands Technologies LLC grew its stake in 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 valued at $68,000 after buying an additional 1,161 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its stake in 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 valued at $79,000 after buying an additional 635 shares during the last quarter.

SPDR S&P Insurance ETF Stock Up 0.4 %

Shares of SPDR S&P Insurance ETF stock opened at $58.34 on Thursday. SPDR S&P Insurance ETF has a twelve month low of $44.24 and a twelve month high of $62.47. The company has a 50-day simple moving average of $58.60 and a two-hundred day simple moving average of $54.86. The stock has a market capitalization of $816.76 million, a price-to-earnings 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.