SPDR S&P Insurance ETF (NYSEARCA:KIE) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its position in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) by 9.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,985,840 shares of the exchange traded fund’s stock after purchasing an additional 248,015 shares during the period. JPMorgan Chase & Co. owned 21.33% of SPDR S&P Insurance ETF worth $169,446,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Silicon Valley Capital Partners acquired a new stake in shares of SPDR S&P Insurance ETF during the 3rd quarter worth $34,000. FSA Wealth Management LLC purchased a new position in shares of SPDR S&P Insurance ETF in the 3rd quarter worth about $40,000. NBC Securities Inc. lifted its stake in shares of SPDR S&P Insurance ETF by 306.0% in the 3rd quarter. NBC Securities Inc. now owns 812 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 612 shares in the last quarter. Headlands Technologies LLC lifted its stake in shares of SPDR S&P Insurance ETF by 598.5% in the 2nd quarter. Headlands Technologies LLC now owns 1,355 shares of the exchange traded fund’s stock valued at $68,000 after purchasing an additional 1,161 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of SPDR S&P Insurance ETF by 83.0% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,400 shares of the exchange traded fund’s stock worth $79,000 after purchasing an additional 635 shares during the period.

SPDR S&P Insurance ETF Stock Performance

NYSEARCA KIE opened at $56.52 on Wednesday. The firm has a market capitalization of $791.28 million, a price-to-earnings ratio of 15.18 and a beta of 0.58. SPDR S&P Insurance ETF has a one year low of $45.02 and a one year high of $62.47. The company’s 50 day moving average price is $58.51 and its 200 day moving average price is $55.57.

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.