Citigroup Inc. Has $70.12 Million Holdings in SPDR S&P Insurance ETF $KIE

Citigroup Inc. increased its holdings in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) by 267.0% during the third quarter, Holdings Channel reports. The fund owned 1,182,119 shares of the exchange traded fund’s stock after purchasing an additional 860,043 shares during the period. Citigroup Inc. owned approximately 0.11% of SPDR S&P Insurance ETF worth $70,123,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC boosted its stake in shares of SPDR S&P Insurance ETF by 9.4% in the 2nd quarter. Wealthfront Advisers LLC now owns 10,378 shares of the exchange traded fund’s stock valued at $620,000 after purchasing an additional 890 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in SPDR S&P Insurance ETF by 13.0% in the second quarter. Envestnet Asset Management Inc. now owns 216,707 shares of the exchange traded fund’s stock valued at $12,946,000 after buying an additional 24,853 shares during the period. IFG Advisory LLC bought a new position in SPDR S&P Insurance ETF in the second quarter valued at approximately $244,000. Integrity Alliance LLC. bought a new position in SPDR S&P Insurance ETF in the second quarter valued at approximately $443,000. Finally, Csenge Advisory Group grew its holdings in SPDR S&P Insurance ETF by 0.3% during the 2nd quarter. Csenge Advisory Group now owns 63,219 shares of the exchange traded fund’s stock worth $3,739,000 after acquiring an additional 187 shares during the period.

SPDR S&P Insurance ETF Stock Performance

Shares of SPDR S&P Insurance ETF stock opened at $57.69 on Monday. The firm has a fifty day moving average of $59.19 and a two-hundred day moving average of $58.75. The stock has a market capitalization of $484.60 million, a price-to-earnings ratio of 14.40 and a beta of 0.74. SPDR S&P Insurance ETF has a 52 week low of $52.37 and a 52 week high of $61.27.

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.