49,817 Shares in SPDR S&P Insurance ETF $KIE Purchased by Walleye Capital LLC

Walleye Capital LLC purchased a new position in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 49,817 shares of the exchange traded fund’s stock, valued at approximately $2,740,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in KIE. Jefferies Financial Group Inc. bought a new position in shares of SPDR S&P Insurance ETF during the fourth quarter valued at $2,032,000. Blue Jean Financial LLC bought a new position in shares of SPDR S&P Insurance ETF during the fourth quarter valued at $750,000. UBS Group AG boosted its holdings 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 valued at $14,940,000 after acquiring an additional 27,991 shares during the last quarter. Fairvoy Private Wealth LLC purchased a new stake in SPDR S&P Insurance ETF in the first quarter worth approximately $750,000. Finally, J.Safra Asset Management Corp boosted its stake in shares of SPDR S&P Insurance ETF by 3.3% in the 4th quarter. J.Safra Asset Management Corp now owns 719,781 shares of the exchange traded fund’s stock worth $43,295,000 after buying an additional 23,190 shares during the last quarter.

SPDR S&P Insurance ETF Stock Up 0.1%

SPDR S&P Insurance ETF stock opened at $62.77 on Friday. The business has a 50-day simple moving average of $59.69 and a two-hundred day simple moving average of $58.11. The company has a market cap of $633.98 million, a P/E ratio of 14.40 and a beta of 0.60. SPDR S&P Insurance ETF has a 52-week low of $53.44 and a 52-week high of $65.20.

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.