Collective Family Office LLC Has $266,000 Position in SPDR S&P Biotech ETF (NYSEARCA:XBI)

Collective Family Office LLC reduced its holdings in SPDR S&P Biotech ETF (NYSEARCA:XBI) by 10.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,952 shares of the exchange traded fund’s stock after selling 333 shares during the period. Collective Family Office LLC’s holdings in SPDR S&P Biotech ETF were worth $266,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the stock. Tidemark LLC raised its holdings in shares of SPDR S&P Biotech ETF by 101.5% during the third 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 period. Quintet Private Bank Europe S.A. acquired a new position in shares of SPDR S&P Biotech ETF during the 3rd quarter worth approximately $40,000. ORG Wealth Partners LLC bought a new position in SPDR S&P Biotech ETF during the 3rd quarter worth $44,000. Howe & Rusling Inc. acquired a new position in SPDR S&P Biotech ETF in the third quarter valued at about $49,000. Finally, Waldron Private Wealth LLC bought a new stake in SPDR S&P Biotech ETF during the third quarter worth $54,000.

SPDR S&P Biotech ETF Stock Down 0.8 %

Shares of XBI stock traded down $0.72 during trading hours on Wednesday, hitting $92.15. 3,533,747 shares of the company’s stock traded hands, compared to its average volume of 6,419,100. SPDR S&P Biotech ETF has a 12 month low of $81.14 and a 12 month high of $105.47. The stock has a market cap of $7.02 billion, a PE ratio of 11.47 and a beta of 1.11. The stock’s 50 day simple moving average is $95.89 and its 200 day simple moving average is $97.16.

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.