SPDR S&P Biotech ETF (NYSEARCA:XBI) Shares Sold by Toronto Dominion Bank

Toronto Dominion Bank reduced its position in SPDR S&P Biotech ETF (NYSEARCA:XBI) by 91.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,000 shares of the exchange traded fund’s stock after selling 504,451 shares during the period. Toronto Dominion Bank owned approximately 0.06% of SPDR S&P Biotech ETF worth $3,811,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of XBI. Northwest Investment Counselors LLC acquired a new position in SPDR S&P Biotech ETF during the 1st quarter worth approximately $27,000. New Hampshire Trust acquired a new position in SPDR S&P Biotech ETF during the 4th quarter worth approximately $29,000. J Arnold Wealth Management Co acquired a new position in SPDR S&P Biotech ETF during the 4th quarter worth approximately $29,000. Compass Wealth Management LLC purchased a new stake in SPDR S&P Biotech ETF during the 4th quarter worth approximately $34,000. Finally, Fortis Capital Advisors LLC purchased a new stake in SPDR S&P Biotech ETF during the 4th quarter worth approximately $38,000.

SPDR S&P Biotech ETF Stock Up 2.4 %

XBI stock opened at $81.13 on Friday. SPDR S&P Biotech ETF has a 52-week low of $72.44 and a 52-week high of $92.60. The stock’s 50 day moving average is $81.68 and its two-hundred day moving average is $82.07. The company has a market capitalization of $6.22 billion, a PE ratio of 11.47 and a beta of 0.97.

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.