Goldman Sachs Group Inc. Buys 123,462 Shares of SPDR S&P Insurance ETF $KIE

Goldman Sachs Group Inc. increased its holdings in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) by 9.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,486,296 shares of the exchange traded fund’s stock after buying an additional 123,462 shares during the quarter. Goldman Sachs Group Inc. owned 17.69% of SPDR S&P Insurance ETF worth $89,401,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of KIE. Marshall Wace LLP lifted its position in shares of SPDR S&P Insurance ETF by 57.5% during the 2nd quarter. Marshall Wace LLP now owns 8,697 shares of the exchange traded fund’s stock worth $520,000 after buying an additional 3,175 shares during the last quarter. Qube Research & Technologies Ltd lifted its position in shares of SPDR S&P Insurance ETF by 173,743.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 259,027 shares of the exchange traded fund’s stock worth $15,474,000 after buying an additional 258,878 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of SPDR S&P Insurance ETF during the 2nd quarter worth $281,000. MGB Wealth Management LLC lifted its position in shares of SPDR S&P Insurance ETF by 113.8% during the 2nd quarter. MGB Wealth Management LLC now owns 2,728 shares of the exchange traded fund’s stock worth $163,000 after buying an additional 1,452 shares during the last quarter. Finally, Brevan Howard Capital Management LP bought a new stake in shares of SPDR S&P Insurance ETF during the 2nd quarter worth $1,696,000.

SPDR S&P Insurance ETF Stock Up 0.9%

Shares of KIE stock opened at $56.94 on Wednesday. SPDR S&P Insurance ETF has a twelve month low of $53.44 and a twelve month high of $61.26. The company has a market cap of $449.83 million, a P/E ratio of 14.40 and a beta of 0.62. The business has a fifty day simple moving average of $56.64 and a 200 day simple moving average of $57.76.

About SPDR S&P Insurance ETF

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.