UBS Group AG Buys 27,991 Shares of SPDR S&P Insurance ETF $KIE

UBS Group AG grew its stake in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) by 12.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 248,383 shares of the exchange traded fund’s stock after buying an additional 27,991 shares during the period. UBS Group AG’s holdings in SPDR S&P Insurance ETF were worth $14,940,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in KIE. Marshall Wace LLP boosted its holdings in SPDR S&P Insurance ETF by 57.5% during the second 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 boosted its holdings in SPDR S&P Insurance ETF by 173,743.6% during the second 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 position in SPDR S&P Insurance ETF during the second quarter worth about $281,000. MGB Wealth Management LLC boosted its holdings in SPDR S&P Insurance ETF by 113.8% during the second 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 position in SPDR S&P Insurance ETF during the second quarter worth about $1,696,000.

SPDR S&P Insurance ETF Trading Down 1.3%

Shares of KIE opened at $55.73 on Thursday. SPDR S&P Insurance ETF has a 1 year low of $53.44 and a 1 year high of $61.26. The stock has a market cap of $440.27 million, a P/E ratio of 14.40 and a beta of 0.64. The stock’s 50-day moving average price is $56.32 and its two-hundred day moving average price is $57.92.

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.