4,215 Shares in SPDR S&P Biotech ETF (NYSEARCA:XBI) Acquired by Centaurus Financial Inc.

Centaurus Financial Inc. acquired a new stake in SPDR S&P Biotech ETF (NYSEARCA:XBI) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 4,215 shares of the exchange traded fund’s stock, valued at approximately $416,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tidemark LLC raised its position in shares of 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 valued at $39,000 after buying an additional 199 shares during the last quarter. ORG Partners LLC purchased a new stake in SPDR S&P Biotech ETF during the 2nd quarter valued at about $40,000. Quintet Private Bank Europe S.A. acquired a new stake in SPDR S&P Biotech ETF in the 3rd quarter valued at about $40,000. ORG Wealth Partners LLC acquired a new stake in SPDR S&P Biotech ETF in the 3rd quarter valued at about $44,000. Finally, Howe & Rusling Inc. purchased a new position in SPDR S&P Biotech ETF in the 3rd quarter worth approximately $49,000.

SPDR S&P Biotech ETF Price Performance

XBI stock opened at $98.80 on Wednesday. SPDR S&P Biotech ETF has a 1 year low of $71.99 and a 1 year high of $105.47. The firm has a market capitalization of $7.53 billion, a PE ratio of 11.47 and a beta of 1.11. The business has a 50 day simple moving average of $98.37 and a 200-day simple moving average of $96.38.

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.