Courier Capital LLC Has $296,000 Holdings in SPDR S&P Biotech ETF (NYSEARCA:XBI)

Courier Capital LLC cut its holdings in SPDR S&P Biotech ETF (NYSEARCA:XBI) by 4.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,000 shares of the exchange traded fund’s stock after selling 125 shares during the period. Courier Capital LLC’s holdings in SPDR S&P Biotech ETF were worth $296,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. ORG Partners LLC bought a new stake in shares of SPDR S&P Biotech ETF during the 2nd quarter worth about $40,000. ORG Wealth Partners LLC bought a new stake in SPDR S&P Biotech ETF during the third quarter worth approximately $44,000. Waldron Private Wealth LLC acquired a new position in SPDR S&P Biotech ETF during the third quarter valued at approximately $54,000. Resources Management Corp CT ADV raised its position in shares of SPDR S&P Biotech ETF by 30.3% in the second quarter. Resources Management Corp CT ADV now owns 593 shares of the exchange traded fund’s stock valued at $55,000 after purchasing an additional 138 shares during the period. Finally, Lynx Investment Advisory acquired a new stake in shares of SPDR S&P Biotech ETF in the second quarter worth $58,000.

SPDR S&P Biotech ETF Trading Up 0.6 %

NYSEARCA:XBI opened at $97.25 on Friday. The firm has a market capitalization of $7.41 billion, a PE 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 firm’s fifty day simple moving average is $99.16 and its 200 day simple moving average is $94.55.

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.