Private Advisor Group LLC Has $19.65 Million Stock Holdings in SPDR S&P Biotech ETF (NYSEARCA:XBI)

Private Advisor Group LLC increased its holdings in shares of SPDR S&P Biotech ETF (NYSEARCA:XBI) by 55.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 220,118 shares of the exchange traded fund’s stock after acquiring an additional 78,535 shares during the quarter. Private Advisor Group LLC’s holdings in SPDR S&P Biotech ETF were worth $19,654,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. EPG Wealth Management LLC grew its stake in shares of SPDR S&P Biotech ETF by 152.7% in the 3rd quarter. EPG Wealth Management LLC now owns 460 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 278 shares during the period. Tennessee Valley Asset Management Partners bought a new stake in SPDR S&P Biotech ETF during the 4th quarter worth approximately $44,000. Wetzel Investment Advisors Inc. bought a new stake in SPDR S&P Biotech ETF during the 4th quarter worth approximately $45,000. Life Planning Partners Inc bought a new stake in SPDR S&P Biotech ETF during the 4th quarter worth approximately $64,000. Finally, Albion Financial Group UT bought a new stake in SPDR S&P Biotech ETF during the 4th quarter worth approximately $69,000.

SPDR S&P Biotech ETF Trading Up 0.7 %

NYSEARCA XBI traded up $0.60 during trading hours on Monday, reaching $90.58. 8,398,208 shares of the company’s stock were exchanged, compared to its average volume of 11,665,117. The stock has a market cap of $6.90 billion, a PE ratio of 11.47 and a beta of 1.11. SPDR S&P Biotech ETF has a one year low of $63.80 and a one year high of $103.52. The firm has a fifty day moving average of $92.07 and a 200-day moving average of $85.44.

SPDR S&P Biotech ETF Company 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.