Blue Jean Financial LLC acquired a new stake in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 12,466 shares of the exchange traded fund’s stock, valued at approximately $750,000.
Several other institutional investors and hedge funds also recently made changes to their positions in KIE. Farther Finance Advisors LLC boosted its holdings in shares of SPDR S&P Insurance ETF by 705.9% in the fourth quarter. Farther Finance Advisors LLC now owns 411 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 360 shares during the period. Federation des caisses Desjardins du Quebec boosted its holdings in shares of SPDR S&P Insurance ETF by 75.9% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 788 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 340 shares during the period. Allworth Financial LP boosted its holdings in shares of SPDR S&P Insurance ETF by 1,728.1% in the fourth quarter. Allworth Financial LP now owns 1,042 shares of the exchange traded fund’s stock valued at $63,000 after buying an additional 985 shares during the period. CWM LLC boosted its holdings in shares of SPDR S&P Insurance ETF by 1,162.8% in the fourth quarter. CWM LLC now owns 1,086 shares of the exchange traded fund’s stock valued at $65,000 after buying an additional 1,000 shares during the period. Finally, AlphaCore Capital LLC boosted its holdings in shares of SPDR S&P Insurance ETF by 103.6% in the fourth quarter. AlphaCore Capital LLC now owns 1,535 shares of the exchange traded fund’s stock valued at $92,000 after buying an additional 781 shares during the period.
SPDR S&P Insurance ETF Stock Up 0.6%
SPDR S&P Insurance ETF stock opened at $58.44 on Friday. The stock has a market capitalization of $461.68 million, a PE ratio of 14.40 and a beta of 0.62. 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 50 day moving average of $56.85 and a 200-day 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.
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