Dynamic Advisor Solutions LLC increased its position in SPDR S&P Biotech ETF (NYSEARCA:XBI – Get Rating) by 2.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,399 shares of the exchange traded fund’s stock after purchasing an additional 300 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in SPDR S&P Biotech ETF were worth $1,112,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently made changes to their positions in XBI. EWG Elevate Inc. purchased a new position in shares of SPDR S&P Biotech ETF in the 4th quarter valued at approximately $26,000. MADDEN SECURITIES Corp purchased a new position in shares of SPDR S&P Biotech ETF in the 4th quarter valued at approximately $33,000. SRS Capital Advisors Inc. purchased a new position in shares of SPDR S&P Biotech ETF in the 3rd quarter valued at approximately $41,000. Parkside Financial Bank & Trust purchased a new position in shares of SPDR S&P Biotech ETF in the 3rd quarter valued at approximately $47,000. Finally, Aptus Capital Advisors LLC lifted its stake in shares of SPDR S&P Biotech ETF by 56.4% in the 3rd quarter. Aptus Capital Advisors LLC now owns 696 shares of the exchange traded fund’s stock valued at $55,000 after purchasing an additional 251 shares during the period.
SPDR S&P Biotech ETF Stock Down 3.8 %
XBI opened at $73.13 on Thursday. The stock has a market cap of $6.87 billion, a PE ratio of 11.47 and a beta of 1.00. The business has a 50 day moving average of $84.30 and a 200-day moving average of $82.39. SPDR S&P Biotech ETF has a 52 week low of $61.78 and a 52 week high of $97.19.
SPDR S&P Biotech ETF Profile
SPDR S&P Biotech ETF (the Fund) seeks to closely match the returns and characteristics of the S&P Biotechnology Select Industry Index. The S&P Biotechnology Select Industry Index represents the biotechnology sub-industry portion of the S&P Total Markets Index. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges.
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