Blue Capital Inc. Buys New Stake in SPDR S&P Biotech ETF $XBI

Blue Capital Inc. bought a new stake in SPDR S&P Biotech ETF (NYSEARCA:XBI) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,922 shares of the exchange traded fund’s stock, valued at approximately $478,000.

A number of other large investors also recently added to or reduced their stakes in the company. Compound Planning Inc. acquired a new stake in shares of SPDR S&P Biotech ETF in the fourth quarter valued at $1,319,000. Connective Capital Management LLC acquired a new position in SPDR S&P Biotech ETF during the 4th quarter worth about $977,000. Axxcess Wealth Management LLC purchased a new position in SPDR S&P Biotech ETF during the 4th quarter valued at about $431,000. Corient Private Wealth LLC boosted its holdings in SPDR S&P Biotech ETF by 40.8% during the 4th quarter. Corient Private Wealth LLC now owns 54,511 shares of the exchange traded fund’s stock valued at $6,646,000 after acquiring an additional 15,808 shares during the period. Finally, Galaxy Group Investments LLC acquired a new position in SPDR S&P Biotech ETF in the 4th quarter valued at about $1,036,000.

SPDR S&P Biotech ETF Price Performance

Shares of NYSEARCA:XBI opened at $140.72 on Friday. The firm has a market capitalization of $8.98 billion, a PE ratio of 11.47 and a beta of 0.85. The firm’s 50-day moving average is $133.36 and its two-hundred day moving average is $127.61. SPDR S&P Biotech ETF has a 1 year low of $80.90 and a 1 year high of $143.46.

About SPDR S&P Biotech ETF

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.