Renaissance Technologies LLC Has $2.69 Million Stock Holdings in SPDR S&P Insurance ETF (NYSEARCA:KIE)

Renaissance Technologies LLC lowered its position in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) by 10.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,600 shares of the exchange traded fund’s stock after selling 5,700 shares during the quarter. Renaissance Technologies LLC owned approximately 0.34% of SPDR S&P Insurance ETF worth $2,690,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in KIE. J.Safra Asset Management Corp acquired a new position in SPDR S&P Insurance ETF during the 4th quarter worth about $36,450,000. Raymond James Financial Inc. acquired a new position in shares of SPDR S&P Insurance ETF during the fourth quarter worth approximately $18,178,000. JPMorgan Chase & Co. grew its stake in shares of SPDR S&P Insurance ETF by 9.1% during the third quarter. JPMorgan Chase & Co. now owns 2,985,840 shares of the exchange traded fund’s stock valued at $169,446,000 after purchasing an additional 248,015 shares during the last quarter. Beacon Harbor Wealth Advisors Inc. bought a new stake in shares of SPDR S&P Insurance ETF during the fourth quarter valued at approximately $11,609,000. Finally, Hollencrest Capital Management increased its holdings in shares of SPDR S&P Insurance ETF by 35,475.8% in the fourth quarter. Hollencrest Capital Management now owns 110,285 shares of the exchange traded fund’s stock valued at $6,231,000 after purchasing an additional 109,975 shares in the last quarter.

SPDR S&P Insurance ETF Stock Performance

NYSEARCA KIE opened at $57.50 on Friday. The stock has a market capitalization of $899.88 million, a P/E ratio of 12.21 and a beta of 0.72. SPDR S&P Insurance ETF has a 52 week low of $48.37 and a 52 week high of $62.47. The stock has a fifty day moving average of $58.22 and a 200-day moving average of $58.01.

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.