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

UBS Group AG boosted its position in SPDR S&P Insurance ETF (NYSEARCA:KIE) by 12.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 248,383 shares of the exchange traded fund’s stock after acquiring an additional 27,991 shares during the period. UBS Group AG owned 2.59% of SPDR S&P Insurance ETF worth $14,940,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. CoreCap Advisors LLC boosted its holdings in SPDR S&P Insurance ETF by 9.9% in the fourth quarter. CoreCap Advisors LLC now owns 3,415 shares of the exchange traded fund’s stock valued at $205,000 after acquiring an additional 309 shares during the last quarter. HB Wealth Management LLC boosted its holdings in SPDR S&P Insurance ETF by 6.4% in the third quarter. HB Wealth Management LLC now owns 5,760 shares of the exchange traded fund’s stock valued at $342,000 after acquiring an additional 347 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in SPDR S&P Insurance ETF by 705.9% in the fourth quarter. Farther Finance Advisors LLC now owns 411 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 360 shares during the last quarter. US Bancorp DE boosted its holdings in SPDR S&P Insurance ETF by 26.3% in the third quarter. US Bancorp DE now owns 2,153 shares of the exchange traded fund’s stock valued at $128,000 after acquiring an additional 449 shares during the last quarter. Finally, CWM LLC boosted its holdings in SPDR S&P Insurance ETF by 1,162.8% in the fourth quarter. CWM LLC now owns 1,086 shares of the exchange traded fund’s stock valued at $65,000 after acquiring an additional 1,000 shares during the last quarter.

SPDR S&P Insurance ETF Stock Down 1.3%

SPDR S&P Insurance ETF stock opened at $55.73 on Thursday. The business’s 50-day simple moving average is $56.32 and its 200 day simple moving average is $57.92. The stock has a market cap of $440.27 million, a price-to-earnings ratio of 14.40 and a beta of 0.64. 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 Company 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.