Moody Lynn & Lieberson LLC Buys Shares of 18,824 SPDR S&P Biotech ETF $XBI

Moody Lynn & Lieberson LLC purchased a new position in shares of SPDR S&P Biotech ETF (NYSEARCA:XBI) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 18,824 shares of the exchange traded fund’s stock, valued at approximately $2,295,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Fifth Third Wealth Advisors LLC acquired a new position in SPDR S&P Biotech ETF during the fourth quarter valued at approximately $208,000. Royal Fund Management LLC acquired a new stake in shares of SPDR S&P Biotech ETF in the 4th quarter valued at $17,536,000. Jaffetilchin Investment Partners LLC boosted its holdings in shares of SPDR S&P Biotech ETF by 16.7% in the 4th quarter. Jaffetilchin Investment Partners LLC now owns 3,117 shares of the exchange traded fund’s stock valued at $380,000 after purchasing an additional 447 shares in the last quarter. Presidio Capital Management LLC bought a new position in shares of SPDR S&P Biotech ETF in the 4th quarter valued at $246,000. Finally, Congress Park Capital LLC bought a new position in shares of SPDR S&P Biotech ETF in the 4th quarter valued at $596,000.

SPDR S&P Biotech ETF Stock Performance

SPDR S&P Biotech ETF stock opened at $127.73 on Wednesday. SPDR S&P Biotech ETF has a 52 week low of $66.66 and a 52 week high of $132.09. The stock has a market capitalization of $8.53 billion, a P/E ratio of 11.47 and a beta of 0.93. The stock has a fifty day moving average of $125.02 and a 200-day moving average of $117.81.

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.