Ethos Financial Group LLC Buys New Stake in SPDR S&P Biotech ETF $XBI

Ethos Financial Group LLC purchased a new stake in SPDR S&P Biotech ETF (NYSEARCA:XBI) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 22,309 shares of the exchange traded fund’s stock, valued at approximately $2,720,000.

Several other hedge funds have also bought and sold shares of the stock. Compass Wealth Management LLC bought a new position in SPDR S&P Biotech ETF during the third quarter valued at approximately $1,167,000. China Universal Asset Management Co. Ltd. increased its stake in SPDR S&P Biotech ETF by 868.3% in the 3rd quarter. China Universal Asset Management Co. Ltd. now owns 4,919 shares of the exchange traded fund’s stock worth $493,000 after acquiring an additional 4,411 shares during the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in shares of SPDR S&P Biotech ETF during the 3rd quarter worth approximately $417,000. Altfest L J & Co. Inc. boosted its position in shares of SPDR S&P Biotech ETF by 63.1% during the 3rd quarter. Altfest L J & Co. Inc. now owns 124,921 shares of the exchange traded fund’s stock valued at $12,517,000 after acquiring an additional 48,326 shares during the last quarter. Finally, Brian Low Financial Group LLC bought a new position in shares of SPDR S&P Biotech ETF during the 3rd quarter valued at approximately $668,000.

SPDR S&P Biotech ETF Stock Performance

XBI stock opened at $128.96 on Friday. The firm has a fifty day moving average price of $125.00 and a 200 day moving average price of $118.38. SPDR S&P Biotech ETF has a fifty-two week low of $66.66 and a fifty-two week high of $132.09. The firm has a market cap of $7.51 billion, a PE ratio of 11.47 and a beta of 0.93.

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. The Biotech Index is a modified equal weight index.