54,000 Shares in SPDR S&P Insurance ETF (NYSEARCA:KIE) Bought by DRW Securities LLC

DRW Securities LLC purchased a new position in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 54,000 shares of the exchange traded fund’s stock, valued at approximately $3,064,000.

Several other institutional investors have also modified their holdings of KIE. Global Trust Asset Management LLC acquired a new position in SPDR S&P Insurance ETF during the 2nd quarter valued at about $25,000. Silicon Valley Capital Partners bought a new stake in shares of SPDR S&P Insurance ETF during the third quarter valued at approximately $34,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of SPDR S&P Insurance ETF during the second quarter worth approximately $38,000. NBC Securities Inc. grew its holdings in SPDR S&P Insurance ETF by 306.0% in the 3rd quarter. NBC Securities Inc. now owns 812 shares of the exchange traded fund’s stock worth $46,000 after buying an additional 612 shares in the last quarter. Finally, Lynx Investment Advisory acquired a new stake in SPDR S&P Insurance ETF in the 2nd quarter valued at approximately $49,000.

SPDR S&P Insurance ETF Price Performance

Shares of SPDR S&P Insurance ETF stock opened at $61.01 on Monday. SPDR S&P Insurance ETF has a 1-year low of $44.24 and a 1-year high of $61.10. The business’s fifty day moving average price is $57.51 and its two-hundred day moving average price is $54.01. The company has a market capitalization of $854.14 million, a P/E ratio of 15.18 and a beta of 0.58.

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.