Sound Financial Strategies Group LLC Purchases 21,484 Shares of KraneShares Hedgeye Hedged Equity Index ETF $KSPY

Sound Financial Strategies Group LLC lifted its position in shares of KraneShares Hedgeye Hedged Equity Index ETF (NYSEARCA:KSPY) by 24.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 110,977 shares of the company’s stock after purchasing an additional 21,484 shares during the period. KraneShares Hedgeye Hedged Equity Index ETF comprises 2.2% of Sound Financial Strategies Group LLC’s portfolio, making the stock its 10th largest position. Sound Financial Strategies Group LLC owned 0.06% of KraneShares Hedgeye Hedged Equity Index ETF worth $3,046,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Stratos Wealth Advisors LLC acquired a new position in shares of KraneShares Hedgeye Hedged Equity Index ETF during the third quarter worth $214,000. Private Trust Co. NA acquired a new position in shares of KraneShares Hedgeye Hedged Equity Index ETF during the fourth quarter worth $313,000. Jane Street Group LLC acquired a new position in shares of KraneShares Hedgeye Hedged Equity Index ETF during the second quarter worth $362,000. Truist Financial Corp acquired a new position in shares of KraneShares Hedgeye Hedged Equity Index ETF during the fourth quarter worth $423,000. Finally, Kestra Private Wealth Services LLC lifted its position in shares of KraneShares Hedgeye Hedged Equity Index ETF by 2.9% during the third quarter. Kestra Private Wealth Services LLC now owns 16,470 shares of the company’s stock worth $467,000 after purchasing an additional 457 shares in the last quarter.

KraneShares Hedgeye Hedged Equity Index ETF Trading Up 0.2%

NYSEARCA KSPY opened at $28.61 on Friday. The company’s fifty day simple moving average is $27.89 and its 200-day simple moving average is $28.17. KraneShares Hedgeye Hedged Equity Index ETF has a 52 week low of $25.21 and a 52 week high of $29.24. The stock has a market cap of $94.41 million, a P/E ratio of 24.69 and a beta of 0.46.

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.