41,441 SPDR S&P Biotech ETF $XBI Shares Bought by Trek Financial LLC

Trek Financial LLC boosted its holdings in shares of SPDR S&P Biotech ETF (NYSEARCA:XBI) by 105.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 80,717 shares of the exchange traded fund’s stock after purchasing an additional 41,441 shares during the quarter. Trek Financial LLC owned about 0.12% of SPDR S&P Biotech ETF worth $12,727,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Angeles Wealth Management LLC bought a new position in shares of SPDR S&P Biotech ETF during the 2nd quarter worth about $28,000. Root Financial Partners LLC acquired a new stake in SPDR S&P Biotech ETF during the third quarter worth about $31,000. Axiom Investment Management LLC acquired a new stake in SPDR S&P Biotech ETF during the first quarter worth about $26,000. Morling Financial Advisors LLC bought a new position in SPDR S&P Biotech ETF during the second quarter valued at about $36,000. Finally, JFS Wealth Advisors LLC raised its holdings in SPDR S&P Biotech ETF by 136.5% in the 2nd quarter. JFS Wealth Advisors LLC now owns 272 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 157 shares in the last quarter.

SPDR S&P Biotech ETF Price Performance

XBI opened at $155.98 on Monday. The stock has a market capitalization of $10.72 billion, a P/E ratio of 11.47 and a beta of 0.83. SPDR S&P Biotech ETF has a one year low of $106.30 and a one year high of $169.89. The company’s 50 day simple moving average is $156.60 and its 200-day simple moving average is $141.58.

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. The Biotech Index is a modified equal weight index.