Jefferies Financial Group Inc. purchased a new stake in SPDR S&P Insurance ETF (NYSEARCA:KIE – Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 33,786 shares of the exchange traded fund’s stock, valued at approximately $2,032,000. Jefferies Financial Group Inc. owned approximately 0.40% of SPDR S&P Insurance ETF at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cumberland Advisors Inc. lifted its stake in SPDR S&P Insurance ETF by 89.3% in the 3rd quarter. Cumberland Advisors Inc. now owns 123,690 shares of the exchange traded fund’s stock valued at $7,337,000 after buying an additional 58,360 shares in the last quarter. Citigroup Inc. lifted its stake in SPDR S&P Insurance ETF by 267.0% in the 3rd quarter. Citigroup Inc. now owns 1,182,119 shares of the exchange traded fund’s stock valued at $70,123,000 after buying an additional 860,043 shares in the last quarter. Perbak Capital Partners LLP purchased a new position in SPDR S&P Insurance ETF in the 3rd quarter valued at about $11,279,000. JPMorgan Chase & Co. lifted its stake in SPDR S&P Insurance ETF by 44.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,412,312 shares of the exchange traded fund’s stock valued at $83,778,000 after buying an additional 433,329 shares in the last quarter. Finally, Kingsview Wealth Management LLC lifted its stake in SPDR S&P Insurance ETF by 65.9% in the 3rd quarter. Kingsview Wealth Management LLC now owns 277,176 shares of the exchange traded fund’s stock valued at $16,442,000 after buying an additional 110,150 shares in the last quarter.
SPDR S&P Insurance ETF Trading Down 1.6%
Shares of SPDR S&P Insurance ETF stock opened at $56.30 on Thursday. The firm has a market capitalization of $444.77 million, a PE ratio of 14.40 and a beta of 0.64. SPDR S&P Insurance ETF has a twelve month low of $53.44 and a twelve month high of $61.26. The firm’s 50-day moving average price is $56.46 and its 200 day moving average price is $57.96.
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. The S&P Banks Select Industry Index is a float adjusted modified-market, capitalization-weighted index that seeks to reflect the performance of publicly traded companies that do business as banks or thrifts.
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