Sigma Planning Corp Has $1.94 Million Stake in SPDR S&P Biotech ETF $XBI

Sigma Planning Corp cut its position in shares of SPDR S&P Biotech ETF (NYSEARCA:XBI) by 25.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,203 shares of the exchange traded fund’s stock after selling 5,285 shares during the quarter. Sigma Planning Corp’s holdings in SPDR S&P Biotech ETF were worth $1,942,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Financial Life Planners bought a new stake in SPDR S&P Biotech ETF during the first quarter valued at $27,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of SPDR S&P Biotech ETF in the 4th quarter valued at about $27,000. Intesa Sanpaolo Wealth Management acquired a new position in shares of SPDR S&P Biotech ETF in the 4th quarter valued at about $30,000. SHP Wealth Management bought a new stake in shares of SPDR S&P Biotech ETF during the 4th quarter valued at about $31,000. Finally, Legacy Wealth Managment LLC ID bought a new stake in shares of SPDR S&P Biotech ETF during the 4th quarter valued at about $32,000.

SPDR S&P Biotech ETF Price Performance

NYSEARCA XBI opened at $152.00 on Friday. The stock has a market capitalization of $10.34 billion, a P/E ratio of 11.47 and a beta of 0.82. The business has a 50 day simple moving average of $142.06 and a 200 day simple moving average of $132.23. SPDR S&P Biotech ETF has a one year low of $84.39 and a one year high of $165.71.

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. The Biotech Index is a modified equal weight index.