Renaissance Technologies LLC Acquires 26,100 Shares of SPDR S&P Insurance ETF (NYSEARCA:KIE)

Renaissance Technologies LLC grew its holdings in SPDR S&P Insurance ETF (NYSEARCA:KIE) by 109.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 50,000 shares of the exchange traded fund’s stock after acquiring an additional 26,100 shares during the period. Renaissance Technologies LLC’s holdings in SPDR S&P Insurance ETF were worth $2,492,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Brevan Howard Capital Management LP purchased a new position in SPDR S&P Insurance ETF during the fourth quarter valued at approximately $2,680,000. Raymond James & Associates raised its position in shares of SPDR S&P Insurance ETF by 261.0% during the 2nd quarter. Raymond James & Associates now owns 169,728 shares of the exchange traded fund’s stock valued at $8,458,000 after purchasing an additional 122,709 shares during the period. Capital CS Group LLC purchased a new position in shares of SPDR S&P Insurance ETF during the 2nd quarter valued at $215,000. Vicus Capital bought a new position in SPDR S&P Insurance ETF in the 1st quarter worth $2,887,000. Finally, Trademark Financial Management LLC purchased a new stake in SPDR S&P Insurance ETF in the 4th quarter worth $407,000.

SPDR S&P Insurance ETF Stock Down 0.0 %

NYSEARCA:KIE opened at $56.73 on Wednesday. The business’s 50-day simple moving average is $54.69 and its two-hundred day simple moving average is $51.88. SPDR S&P Insurance ETF has a 52 week low of $41.47 and a 52 week high of $57.21. The stock has a market cap of $794.22 million, a PE ratio of 15.18 and a beta of 0.58.

SPDR S&P Insurance ETF 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.