Quattro Financial Advisors LLC Takes $32,000 Position in SPDR S&P Biotech ETF (NYSEARCA:XBI)

Quattro Financial Advisors LLC purchased a new stake in SPDR S&P Biotech ETF (NYSEARCA:XBI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 374 shares of the exchange traded fund’s stock, valued at approximately $32,000.

Several other hedge funds have also recently made changes to their positions in XBI. JPMorgan Chase & Co. grew its holdings in shares of SPDR S&P Biotech ETF by 56.6% in the 1st quarter. JPMorgan Chase & Co. now owns 4,761,913 shares of the exchange traded fund’s stock valued at $431,143,000 after buying an additional 1,720,255 shares during the period. Q3 Asset Management acquired a new position in shares of SPDR S&P Biotech ETF in the 1st quarter valued at $3,285,000. Clal Insurance Enterprises Holdings Ltd grew its holdings in shares of SPDR S&P Biotech ETF by 55.5% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 933,000 shares of the exchange traded fund’s stock valued at $84,474,000 after buying an additional 333,000 shares during the period. Janney Capital Management LLC acquired a new position in shares of SPDR S&P Biotech ETF in the 1st quarter valued at $14,297,000. Finally, American Century Companies Inc. acquired a new position in shares of SPDR S&P Biotech ETF in the 4th quarter valued at $9,069,000.

Shares of XBI stock traded down $0.06 on Wednesday, hitting $83.02. The stock had a trading volume of 300,714 shares, compared to its average volume of 4,701,565. SPDR S&P Biotech ETF has a twelve month low of $64.38 and a twelve month high of $100.70. The company has a fifty day simple moving average of $86.03.

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.

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Institutional Ownership by Quarter for SPDR S&P Biotech ETF (NYSEARCA:XBI)

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