Headlands Technologies LLC Acquires 2,263 Shares of SPDR S&P Insurance ETF (NYSEARCA:KIE)

Headlands Technologies LLC grew its holdings in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE) by 3,187.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,334 shares of the exchange traded fund’s stock after purchasing an additional 2,263 shares during the period. Headlands Technologies LLC’s holdings in SPDR S&P Insurance ETF were worth $132,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in KIE. JPMorgan Chase & Co. increased its stake in SPDR S&P Insurance ETF by 0.9% during the 4th 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 period. J.Safra Asset Management Corp acquired a new stake in shares of SPDR S&P Insurance ETF during the 4th quarter worth $36,450,000. LPL Financial LLC grew its holdings in shares of SPDR S&P Insurance ETF by 14.6% during the 4th quarter. LPL Financial LLC now owns 624,315 shares of the exchange traded fund’s stock worth $35,286,000 after purchasing an additional 79,755 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of SPDR S&P Insurance ETF in the fourth quarter worth $18,178,000. Finally, Two Sigma Advisers LP acquired a new position in SPDR S&P Insurance ETF in the third quarter valued at about $12,990,000.

SPDR S&P Insurance ETF Stock Down 7.5 %

Shares of SPDR S&P Insurance ETF stock opened at $55.38 on Friday. SPDR S&P Insurance ETF has a 12-month low of $47.65 and a 12-month high of $62.47. The company has a market capitalization of $880.54 million, a price-to-earnings ratio of 12.76 and a beta of 0.72. The firm’s 50-day moving average price is $58.78 and its two-hundred day moving average price is $58.07.

SPDR S&P Insurance ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were given a dividend of $0.296 per share. This is a positive change from SPDR S&P Insurance ETF’s previous dividend of $0.18. The ex-dividend date was Monday, March 24th.

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.