Mitchell Sinkler & Starr PA Has $212,000 Position in SPDR S&P Biotech ETF (NYSEARCA:XBI)

Mitchell Sinkler & Starr PA increased its stake in shares of SPDR S&P Biotech ETF (NYSEARCA:XBI) by 33.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,170 shares of the exchange traded fund’s stock after purchasing an additional 542 shares during the quarter. Mitchell Sinkler & Starr PA’s holdings in SPDR S&P Biotech ETF were worth $212,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. ICA Group Wealth Management LLC acquired a new stake in SPDR S&P Biotech ETF in the fourth quarter valued at approximately $27,000. Scarborough Advisors LLC acquired a new stake in SPDR S&P Biotech ETF in the fourth quarter valued at approximately $32,000. BOCHK Asset Management Ltd acquired a new stake in SPDR S&P Biotech ETF in the fourth quarter valued at approximately $36,000. ORG Partners LLC acquired a new stake in SPDR S&P Biotech ETF in the second quarter valued at approximately $40,000. Finally, Vima LLC acquired a new stake in SPDR S&P Biotech ETF in the fourth quarter valued at approximately $45,000.

SPDR S&P Biotech ETF Stock Up 0.8 %

NYSEARCA XBI opened at $98.90 on Thursday. The stock has a market capitalization of $7.54 billion, a PE ratio of 11.47 and a beta of 1.11. The company has a 50 day moving average price of $98.13 and a two-hundred day moving average price of $93.91. SPDR S&P Biotech ETF has a 12-month low of $63.80 and a 12-month high of $103.52.

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.