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

J.Safra Asset Management Corp lifted its stake in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) by 3.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 719,781 shares of the exchange traded fund’s stock after acquiring an additional 23,190 shares during the quarter. SPDR S&P Insurance ETF accounts for 2.3% of J.Safra Asset Management Corp’s portfolio, making the stock its 14th largest holding. J.Safra Asset Management Corp owned 8.57% of SPDR S&P Insurance ETF worth $43,295,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the stock. Goldman Sachs Group Inc. boosted its stake 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 acquiring an additional 123,462 shares in the last quarter. Jefferies Financial Group Inc. acquired a new stake in shares of SPDR S&P Insurance ETF in the fourth quarter worth $2,032,000. AlphaCore Capital LLC boosted its position 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 worth $92,000 after buying an additional 781 shares during the period. Allworth Financial LP boosted its position 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 worth $63,000 after buying an additional 985 shares during the period. Finally, Foronjy Financial LLC boosted its position in shares of SPDR S&P Insurance ETF by 7.3% in the fourth quarter. Foronjy Financial LLC now owns 14,957 shares of the exchange traded fund’s stock worth $900,000 after buying an additional 1,019 shares during the period.

SPDR S&P Insurance ETF Stock Up 2.0%

Shares of SPDR S&P Insurance ETF stock opened at $58.08 on Thursday. The stock has a market cap of $458.83 million, a PE ratio of 14.40 and a beta of 0.62. The business has a fifty day simple moving average of $56.71 and a 200-day simple moving average of $57.76. SPDR S&P Insurance ETF has a 12 month low of $53.44 and a 12 month 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.