Hartline Investment Corp Acquires 106 Shares of SPDR S&P Biotech ETF (NYSEARCA:XBI)

Hartline Investment Corp raised its stake in SPDR S&P Biotech ETF (NYSEARCA:XBI) by 2.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,502 shares of the exchange traded fund’s stock after acquiring an additional 106 shares during the quarter. Hartline Investment Corp’s holdings in SPDR S&P Biotech ETF were worth $544,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Quintet Private Bank Europe S.A. bought a new stake in SPDR S&P Biotech ETF during the 3rd quarter worth $40,000. ORG Partners LLC acquired a new stake in shares of SPDR S&P Biotech ETF during the second quarter valued at about $40,000. ORG Wealth Partners LLC bought a new stake in shares of SPDR S&P Biotech ETF during the third quarter worth about $44,000. Waldron Private Wealth LLC acquired a new position in shares of SPDR S&P Biotech ETF in the third quarter valued at approximately $54,000. Finally, Resources Management Corp CT ADV raised its holdings in SPDR S&P Biotech ETF by 30.3% in the 2nd quarter. Resources Management Corp CT ADV now owns 593 shares of the exchange traded fund’s stock valued at $55,000 after buying an additional 138 shares during the last quarter.

SPDR S&P Biotech ETF Price Performance

NYSEARCA:XBI opened at $100.51 on Wednesday. SPDR S&P Biotech ETF has a one year low of $64.99 and a one year high of $105.47. The company has a market cap of $7.66 billion, a PE ratio of 11.47 and a beta of 1.11. The firm’s 50 day simple moving average is $99.04 and its 200 day simple moving average is $95.95.

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.