Jefferies Financial Group Inc. Purchases Shares of 33,786 SPDR S&P Insurance ETF $KIE

Jefferies Financial Group Inc. purchased a new stake in SPDR S&P Insurance ETF (NYSEARCA:KIE) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 33,786 shares of the exchange traded fund’s stock, valued at approximately $2,032,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. AlphaCore Capital LLC boosted its position in SPDR S&P Insurance ETF by 103.6% in the 4th quarter. AlphaCore Capital LLC now owns 1,535 shares of the exchange traded fund’s stock valued at $92,000 after buying an additional 781 shares during the period. Allworth Financial LP boosted its position in SPDR S&P Insurance ETF by 1,728.1% in the 4th quarter. Allworth Financial LP now owns 1,042 shares of the exchange traded fund’s stock valued at $63,000 after buying an additional 985 shares during the period. Foronjy Financial LLC boosted its position in SPDR S&P Insurance ETF by 7.3% in the 4th quarter. Foronjy Financial LLC now owns 14,957 shares of the exchange traded fund’s stock valued at $900,000 after buying an additional 1,019 shares during the period. Kestra Private Wealth Services LLC boosted its position in SPDR S&P Insurance ETF by 6.2% in the 4th quarter. Kestra Private Wealth Services LLC now owns 11,001 shares of the exchange traded fund’s stock valued at $662,000 after buying an additional 644 shares during the period. Finally, UBS Group AG lifted its position in shares of SPDR S&P Insurance ETF by 12.7% during the 4th quarter. UBS Group AG now owns 248,383 shares of the exchange traded fund’s stock worth $14,940,000 after purchasing an additional 27,991 shares during the last quarter.

SPDR S&P Insurance ETF Trading Down 1.6%

SPDR S&P Insurance ETF stock opened at $56.30 on Thursday. The stock has a market cap of $444.77 million, a P/E ratio of 14.40 and a beta of 0.64. The company has a fifty day simple moving average of $56.46 and a 200-day simple moving average of $57.96. SPDR S&P Insurance ETF has a 12-month low of $53.44 and a 12-month high of $61.26.

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.