Hollow Brook Wealth Management LLC Purchases 1,003 Shares of SPDR S&P Biotech ETF (NYSEARCA:XBI)

Hollow Brook Wealth Management LLC grew its position in shares of SPDR S&P Biotech ETF (NYSEARCA:XBI) by 4.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 21,669 shares of the exchange traded fund’s stock after acquiring an additional 1,003 shares during the period. Hollow Brook Wealth Management LLC’s holdings in SPDR S&P Biotech ETF were worth $2,141,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Tidemark LLC boosted its holdings 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 valued at $39,000 after acquiring an additional 199 shares during the period. Quintet Private Bank Europe S.A. purchased a new position in shares of SPDR S&P Biotech ETF in the third quarter worth $40,000. ORG Partners LLC bought a new stake in SPDR S&P Biotech ETF during the 2nd quarter valued at $40,000. ORG Wealth Partners LLC purchased a new stake in SPDR S&P Biotech ETF during the 3rd quarter valued at $44,000. Finally, Howe & Rusling Inc. purchased a new position in shares of SPDR S&P Biotech ETF in the third quarter valued at about $49,000.

SPDR S&P Biotech ETF Stock Performance

Shares of XBI stock opened at $99.79 on Monday. SPDR S&P Biotech ETF has a fifty-two week low of $77.21 and a fifty-two week high of $105.47. The firm has a market cap of $7.61 billion, a P/E ratio of 11.47 and a beta of 1.11. The business’s 50 day moving average price is $98.22 and its 200-day moving average price is $96.61.

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.