Sound Financial Strategies Group LLC Makes New $2.54 Million Investment in KraneShares Hedgeye Hedged Equity Index ETF $KSPY

Sound Financial Strategies Group LLC purchased a new position in shares of KraneShares Hedgeye Hedged Equity Index ETF (NYSEARCA:KSPY) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 89,493 shares of the company’s stock, valued at approximately $2,535,000. KraneShares Hedgeye Hedged Equity Index ETF accounts for 1.9% of Sound Financial Strategies Group LLC’s holdings, making the stock its 13th largest position. Sound Financial Strategies Group LLC owned about 7.46% of KraneShares Hedgeye Hedged Equity Index ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Jane Street Group LLC acquired a new position in KraneShares Hedgeye Hedged Equity Index ETF during the 2nd quarter worth about $362,000. Envestnet Asset Management Inc. lifted its position in shares of KraneShares Hedgeye Hedged Equity Index ETF by 246.7% during the second quarter. Envestnet Asset Management Inc. now owns 140,650 shares of the company’s stock worth $3,739,000 after purchasing an additional 100,077 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of KraneShares Hedgeye Hedged Equity Index ETF by 244.8% during the second quarter. Cetera Investment Advisers now owns 140,950 shares of the company’s stock worth $3,747,000 after purchasing an additional 100,077 shares in the last quarter. CLG LLC boosted its stake in shares of KraneShares Hedgeye Hedged Equity Index ETF by 0.4% in the second quarter. CLG LLC now owns 224,893 shares of the company’s stock valued at $5,979,000 after purchasing an additional 886 shares during the period. Finally, Brookwood Investment Group LLC acquired a new position in shares of KraneShares Hedgeye Hedged Equity Index ETF in the third quarter valued at approximately $9,968,000.

KraneShares Hedgeye Hedged Equity Index ETF Stock Down 0.1%

Shares of KSPY opened at $27.69 on Friday. The company has a market cap of $55.38 million, a P/E ratio of 24.69 and a beta of 0.50. KraneShares Hedgeye Hedged Equity Index ETF has a fifty-two week low of $22.94 and a fifty-two week high of $29.24. The firm’s 50 day moving average price is $28.53 and its 200 day moving average price is $27.92.

KraneShares Hedgeye Hedged Equity Index ETF Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 22nd were given a dividend of $1.6921 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a dividend yield of 614.0%.

KraneShares Hedgeye Hedged Equity Index ETF Company Profile

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.