Perbak Capital Partners LLP Purchases Shares of 190,139 SPDR S&P Insurance ETF $KIE

Perbak Capital Partners LLP acquired a new position in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 190,139 shares of the exchange traded fund’s stock, valued at approximately $11,279,000. SPDR S&P Insurance ETF makes up approximately 2.0% of Perbak Capital Partners LLP’s portfolio, making the stock its 7th biggest holding. Perbak Capital Partners LLP owned 1.74% of SPDR S&P Insurance ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in KIE. Jump Financial LLC grew its holdings in shares of SPDR S&P Insurance ETF by 934.6% in the 3rd quarter. Jump Financial LLC now owns 96,319 shares of the exchange traded fund’s stock worth $5,714,000 after purchasing an additional 87,009 shares during the last quarter. Kingsview Wealth Management LLC increased its position in shares of SPDR S&P Insurance ETF by 65.9% during the 3rd quarter. Kingsview Wealth Management LLC now owns 277,176 shares of the exchange traded fund’s stock worth $16,442,000 after purchasing an additional 110,150 shares in the last quarter. Cumberland Advisors Inc. lifted its holdings in SPDR S&P Insurance ETF by 89.3% during the 3rd quarter. Cumberland Advisors Inc. now owns 123,690 shares of the exchange traded fund’s stock valued at $7,337,000 after purchasing an additional 58,360 shares during the last quarter. US Bancorp DE lifted its holdings in SPDR S&P Insurance ETF by 26.3% during the 3rd quarter. US Bancorp DE now owns 2,153 shares of the exchange traded fund’s stock valued at $128,000 after purchasing an additional 449 shares during the last quarter. Finally, Citigroup Inc. boosted its position in SPDR S&P Insurance ETF by 267.0% in the third quarter. Citigroup Inc. now owns 1,182,119 shares of the exchange traded fund’s stock valued at $70,123,000 after buying an additional 860,043 shares in the last quarter.

SPDR S&P Insurance ETF Trading Up 0.4%

Shares of SPDR S&P Insurance ETF stock opened at $55.41 on Friday. The stock has a market capitalization of $465.44 million, a price-to-earnings ratio of 14.40 and a beta of 0.74. SPDR S&P Insurance ETF has a 1-year low of $52.37 and a 1-year high of $61.27. The firm’s 50-day moving average price is $58.10 and its two-hundred day moving average price is $58.62.

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.