J.Safra Asset Management Corp Increases Stock Position in SPDR S&P Insurance ETF $KIE

J.Safra Asset Management Corp lifted its position in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) by 3.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 696,591 shares of the exchange traded fund’s stock after purchasing an additional 24,359 shares during the period. SPDR S&P Insurance ETF accounts for about 2.5% of J.Safra Asset Management Corp’s holdings, making the stock its 14th biggest position. J.Safra Asset Management Corp owned approximately 6.03% of SPDR S&P Insurance ETF worth $41,322,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in KIE. 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 in the last quarter. Csenge Advisory Group lifted its holdings in SPDR S&P Insurance ETF by 148.6% during the third quarter. Csenge Advisory Group now owns 157,159 shares of the exchange traded fund’s stock worth $9,323,000 after acquiring an additional 93,940 shares during the period. Tower Research Capital LLC TRC bought a new stake in SPDR S&P Insurance ETF during the second quarter worth $4,552,000. Walleye Capital LLC purchased a new position in SPDR S&P Insurance ETF in the second quarter worth $1,988,000. Finally, Brevan Howard Capital Management LP bought a new position in SPDR S&P Insurance ETF in the 2nd quarter valued at $1,696,000.

SPDR S&P Insurance ETF Price Performance

Shares of SPDR S&P Insurance ETF stock opened at $58.53 on Friday. The firm has a market cap of $547.26 million, a PE ratio of 14.40 and a beta of 0.74. SPDR S&P Insurance ETF has a 1 year low of $52.37 and a 1 year high of $61.27. The stock has a fifty day moving average price of $59.66 and a 200-day moving average price of $58.60.

SPDR S&P Insurance ETF Company 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.