BNP Paribas Financial Markets Has $1.61 Million Position in SPDR S&P Insurance ETF (NYSEARCA:KIE)

BNP Paribas Financial Markets grew its holdings in SPDR S&P Insurance ETF (NYSEARCA:KIE) by 273.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 28,461 shares of the exchange traded fund’s stock after purchasing an additional 20,831 shares during the quarter. BNP Paribas Financial Markets owned about 0.20% of SPDR S&P Insurance ETF worth $1,609,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its position in shares of SPDR S&P Insurance ETF by 0.9% during the fourth quarter. JPMorgan Chase & Co. now owns 3,012,562 shares of the exchange traded fund’s stock worth $170,270,000 after acquiring an additional 26,722 shares during the last quarter. J.Safra Asset Management Corp bought a new stake in shares of SPDR S&P Insurance ETF during the fourth quarter worth $36,450,000. LPL Financial LLC raised its position in shares of SPDR S&P Insurance ETF by 14.6% during the fourth quarter. LPL Financial LLC now owns 624,315 shares of the exchange traded fund’s stock worth $35,286,000 after acquiring an additional 79,755 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of SPDR S&P Insurance ETF by 0.7% during the fourth quarter. Ameriprise Financial Inc. now owns 454,331 shares of the exchange traded fund’s stock worth $25,667,000 after acquiring an additional 3,245 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of SPDR S&P Insurance ETF during the fourth quarter worth $18,178,000.

SPDR S&P Insurance ETF Trading Up 1.2%

NYSEARCA KIE opened at $59.72 on Monday. The stock has a 50-day simple moving average of $58.04 and a 200 day simple moving average of $58.11. The company has a market capitalization of $919.69 million, a PE ratio of 12.16 and a beta of 0.77. SPDR S&P Insurance ETF has a 12 month low of $48.82 and a 12 month high of $62.47.

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.