Blair William & Co. IL Sells 9,047 Shares of SPDR S&P Biotech ETF (NYSEARCA:XBI)

Blair William & Co. IL lowered its stake in shares of SPDR S&P Biotech ETF (NYSEARCA:XBI) by 6.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 141,515 shares of the exchange traded fund’s stock after selling 9,047 shares during the period. Blair William & Co. IL owned 0.19% of SPDR S&P Biotech ETF worth $13,120,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of XBI. ICA Group Wealth Management LLC bought a new stake in SPDR S&P Biotech ETF in the 4th quarter valued at $27,000. Scarborough Advisors LLC bought a new stake in shares of SPDR S&P Biotech ETF in the fourth quarter worth about $32,000. BOCHK Asset Management Ltd purchased a new stake in shares of SPDR S&P Biotech ETF in the fourth quarter worth about $36,000. ORG Partners LLC purchased a new stake in shares of SPDR S&P Biotech ETF in the second quarter worth about $40,000. Finally, Vima LLC bought a new position in SPDR S&P Biotech ETF during the fourth quarter valued at approximately $45,000.

SPDR S&P Biotech ETF Price Performance

NYSEARCA:XBI opened at $102.43 on Friday. The company has a market cap of $7.81 billion, a price-to-earnings ratio of 11.47 and a beta of 1.11. SPDR S&P Biotech ETF has a 1 year low of $63.80 and a 1 year high of $103.52. The stock’s 50 day simple moving average is $98.88 and its two-hundred day simple moving average is $93.92.

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.