Goldman Sachs Group Inc. increased its holdings in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE – Free Report) by 9.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,486,296 shares of the exchange traded fund’s stock after buying an additional 123,462 shares during the quarter. Goldman Sachs Group Inc. owned 0.18% of SPDR S&P Insurance ETF worth $89,401,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of the company. Jefferies Financial Group Inc. acquired a new stake in shares of SPDR S&P Insurance ETF during the fourth quarter valued at about $2,032,000. AlphaCore Capital LLC increased its stake 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 valued at $92,000 after buying an additional 781 shares during the period. Allworth Financial LP raised its holdings 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 last quarter. Foronjy Financial LLC raised its holdings 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 last quarter. Finally, Kestra Private Wealth Services LLC boosted its position in SPDR S&P Insurance ETF by 6.2% during the 4th quarter. Kestra Private Wealth Services LLC now owns 11,001 shares of the exchange traded fund’s stock worth $662,000 after buying an additional 644 shares during the period.
SPDR S&P Insurance ETF Price Performance
KIE opened at $56.94 on Wednesday. SPDR S&P Insurance ETF has a fifty-two week low of $53.44 and a fifty-two week high of $61.26. The firm has a market capitalization of $449.83 million, a price-to-earnings ratio of 14.40 and a beta of 0.62. The company’s 50 day moving average price is $56.64 and its two-hundred day moving average price is $57.76.
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.
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