If you're interested in broad exposure to the Financials - Insurance segment of the equity market, look no further than the State Street SPDR S&P Insurance ETF (KIE) , a passively managed exchange traded fund launched on November 8, 2005.Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency. They are excellent vehicles for long term investors.Sector ETFs also provide investors access to a br ...