Blue Jean Financial LLC Invests $750,000 in SPDR S&P Insurance ETF $KIE

Blue Jean Financial LLC purchased a new position in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 12,466 shares of the exchange traded fund’s stock, valued at approximately $750,000. Blue Jean Financial LLC owned 0.15% of SPDR S&P Insurance ETF at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Goldman Sachs Group Inc. grew its position in shares of SPDR S&P Insurance ETF by 9.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,486,296 shares of the exchange traded fund’s stock worth $89,401,000 after buying an additional 123,462 shares during the period. JPMorgan Chase & Co. grew its holdings in SPDR S&P Insurance ETF by 44.3% during the third quarter. JPMorgan Chase & Co. now owns 1,412,312 shares of the exchange traded fund’s stock valued at $83,778,000 after purchasing an additional 433,329 shares during the period. Citigroup Inc. grew its holdings in SPDR S&P Insurance ETF by 267.0% during the third quarter. Citigroup Inc. now owns 1,182,119 shares of the exchange traded fund’s stock valued at $70,123,000 after purchasing an additional 860,043 shares during the period. J.Safra Asset Management Corp grew its holdings in SPDR S&P Insurance ETF by 3.3% during the fourth quarter. J.Safra Asset Management Corp now owns 719,781 shares of the exchange traded fund’s stock valued at $43,295,000 after purchasing an additional 23,190 shares during the period. Finally, Kingsview Wealth Management LLC grew its holdings in SPDR S&P Insurance ETF by 65.9% during the third quarter. Kingsview Wealth Management LLC now owns 277,176 shares of the exchange traded fund’s stock valued at $16,442,000 after purchasing an additional 110,150 shares during the period.

SPDR S&P Insurance ETF Stock Performance

Shares of NYSEARCA KIE opened at $58.44 on Friday. The stock has a market cap of $461.68 million, a P/E ratio of 14.40 and a beta of 0.62. The firm has a 50 day moving average price of $56.85 and a 200 day moving average price of $57.76. SPDR S&P Insurance ETF has a 52-week low of $53.44 and a 52-week high of $61.26.

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.