SPDR S&P Biotech ETF (NYSEARCA:XBI) Shares Acquired by Greenwich Wealth Management LLC

Greenwich Wealth Management LLC increased its position in shares of SPDR S&P Biotech ETF (NYSEARCA:XBI) by 10.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,505 shares of the exchange traded fund’s stock after purchasing an additional 1,073 shares during the quarter. Greenwich Wealth Management LLC’s holdings in SPDR S&P Biotech ETF were worth $1,067,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. ICA Group Wealth Management LLC bought a new position in shares of SPDR S&P Biotech ETF in the 4th quarter worth about $27,000. Scarborough Advisors LLC acquired a new position in SPDR S&P Biotech ETF in the fourth quarter valued at approximately $32,000. BOCHK Asset Management Ltd bought a new position in shares of SPDR S&P Biotech ETF during the fourth quarter valued at approximately $36,000. ORG Partners LLC bought a new position in shares of SPDR S&P Biotech ETF during the second quarter valued at approximately $40,000. Finally, Vima LLC acquired a new stake in shares of SPDR S&P Biotech ETF during the 4th quarter worth approximately $45,000.

SPDR S&P Biotech ETF Price Performance

NYSEARCA:XBI opened at $101.21 on Monday. The firm has a market capitalization of $7.71 billion, a P/E ratio of 11.47 and a beta of 1.11. The business has a 50 day simple moving average of $98.48 and a 200 day simple moving average of $93.85. 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.