29,237 Shares in SPDR S&P Biotech ETF (NYSEARCA:XBI) Bought by Oak Harvest Investment Services

Oak Harvest Investment Services bought a new position in shares of SPDR S&P Biotech ETF (NYSEARCA:XBI) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 29,237 shares of the exchange traded fund’s stock, valued at approximately $2,633,000.

Several other hedge funds have also modified their holdings of the stock. Avior Wealth Management LLC boosted its position in SPDR S&P Biotech ETF by 393.6% during the 4th quarter. Avior Wealth Management LLC now owns 385 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 307 shares during the period. Tidemark LLC lifted its position in SPDR S&P Biotech ETF by 101.5% during the 3rd quarter. Tidemark LLC now owns 395 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 199 shares during the last quarter. Quintet Private Bank Europe S.A. bought a new stake in SPDR S&P Biotech ETF during the 3rd quarter valued at approximately $40,000. ORG Wealth Partners LLC bought a new stake in shares of SPDR S&P Biotech ETF in the third quarter valued at approximately $44,000. Finally, Howe & Rusling Inc. acquired a new stake in SPDR S&P Biotech ETF in the 3rd quarter worth $49,000.

SPDR S&P Biotech ETF Stock Up 1.0 %

Shares of XBI opened at $93.54 on Friday. The stock’s 50-day moving average price is $93.31 and its 200 day moving average price is $96.77. The firm has a market capitalization of $7.13 billion, a price-to-earnings ratio of 11.47 and a beta of 1.11. SPDR S&P Biotech ETF has a 12-month low of $81.14 and a 12-month high of $105.47.

About SPDR S&P Biotech ETF

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.