JTC Employer Solutions Trustee Ltd Increases Holdings in SPDR S&P Biotech ETF $XBI

JTC Employer Solutions Trustee Ltd increased its holdings in shares of SPDR S&P Biotech ETF (NYSEARCA:XBI) by 5,367.4% in the fourth quarter, Holdings Channel reports. The firm owned 84,745 shares of the exchange traded fund’s stock after acquiring an additional 83,195 shares during the period. SPDR S&P Biotech ETF makes up 0.7% of JTC Employer Solutions Trustee Ltd’s portfolio, making the stock its 19th biggest position. JTC Employer Solutions Trustee Ltd’s holdings in SPDR S&P Biotech ETF were worth $10,335,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in XBI. Legacy Wealth Managment LLC ID acquired a new position in SPDR S&P Biotech ETF in the 4th quarter worth $32,000. Ballast Advisors LLC acquired a new stake in shares of SPDR S&P Biotech ETF in the 4th quarter valued at about $36,000. Creative Financial Designs Inc. ADV acquired a new stake in shares of SPDR S&P Biotech ETF in the 4th quarter valued at about $39,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of SPDR S&P Biotech ETF in the 4th quarter valued at about $48,000. Finally, Navalign LLC acquired a new stake in shares of SPDR S&P Biotech ETF in the 4th quarter valued at about $48,000.

SPDR S&P Biotech ETF Stock Performance

Shares of SPDR S&P Biotech ETF stock opened at $135.99 on Friday. The firm has a market cap of $8.68 billion, a PE ratio of 11.47 and a beta of 0.85. The firm’s 50-day simple moving average is $130.68 and its 200-day simple moving average is $125.86. SPDR S&P Biotech ETF has a 1 year low of $78.06 and a 1 year high of $139.19.

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.