FSA Wealth Management LLC Takes $74,000 Position in SPDR S&P Biotech ETF (NYSEARCA:XBI)

FSA Wealth Management LLC acquired a new stake in SPDR S&P Biotech ETF (NYSEARCA:XBI) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 749 shares of the exchange traded fund’s stock, valued at approximately $74,000.

Other large investors have also bought and sold shares of the company. Tidemark LLC grew its position in SPDR S&P Biotech ETF by 101.5% in the third quarter. Tidemark LLC now owns 395 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 199 shares during the last quarter. ORG Partners LLC acquired a new position in shares of SPDR S&P Biotech ETF in the 2nd quarter worth $40,000. Quintet Private Bank Europe S.A. acquired a new stake in shares of SPDR S&P Biotech ETF during the third quarter worth $40,000. ORG Wealth Partners LLC purchased a new stake in SPDR S&P Biotech ETF during the third quarter valued at about $44,000. Finally, Howe & Rusling Inc. acquired a new stake in shares of SPDR S&P Biotech ETF during the third quarter valued at approximately $49,000.

SPDR S&P Biotech ETF Stock Performance

SPDR S&P Biotech ETF stock opened at $99.62 on Monday. SPDR S&P Biotech ETF has a 52 week low of $74.20 and a 52 week high of $105.47. The firm has a market capitalization of $7.59 billion, a price-to-earnings ratio of 11.47 and a beta of 1.11. The company has a 50 day moving average price of $98.22 and a 200 day moving average price of $96.61.

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.