Edgestream Partners L.P. Has $933,000 Holdings in SPDR S&P Biotech ETF (NYSEARCA:XBI)

Edgestream Partners L.P. lifted its stake in SPDR S&P Biotech ETF (NYSEARCA:XBI) by 184.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,068 shares of the exchange traded fund’s stock after acquiring an additional 6,528 shares during the period. Edgestream Partners L.P.’s holdings in SPDR S&P Biotech ETF were worth $933,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Fifth Third Bancorp raised its holdings in SPDR S&P Biotech ETF by 3.4% in the 2nd quarter. Fifth Third Bancorp now owns 118,303 shares of the exchange traded fund’s stock valued at $10,968,000 after acquiring an additional 3,922 shares in the last quarter. BOCHK Asset Management Ltd acquired a new stake in SPDR S&P Biotech ETF during the fourth quarter worth $36,000. Pine Valley Investments Ltd Liability Co bought a new stake in SPDR S&P Biotech ETF in the 4th quarter valued at $220,000. Scarborough Advisors LLC acquired a new position in shares of SPDR S&P Biotech ETF in the 4th quarter valued at $407,000. Finally, Lumbard & Kellner LLC bought a new position in shares of SPDR S&P Biotech ETF during the 4th quarter worth about $4,622,000.

SPDR S&P Biotech ETF Stock Performance

Shares of SPDR S&P Biotech ETF stock opened at $101.61 on Friday. SPDR S&P Biotech ETF has a twelve month low of $63.80 and a twelve month high of $103.52. The firm has a market cap of $7.74 billion, a P/E ratio of 11.47 and a beta of 1.11. The firm’s 50-day simple moving average is $99.03 and its 200-day simple moving average is $93.95.

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.