1,782 Shares in SPDR S&P Biotech ETF (NYSEARCA:XBI) Acquired by Runnymede Capital Advisors Inc.

Runnymede Capital Advisors Inc. bought a new stake in SPDR S&P Biotech ETF (NYSEARCA:XBI) during the fourth quarter, Holdings Channel.com reports. The firm bought 1,782 shares of the exchange traded fund’s stock, valued at approximately $160,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC acquired a new stake in SPDR S&P Biotech ETF in the fourth quarter valued at approximately $29,000. Golden State Wealth Management LLC acquired a new stake in SPDR S&P Biotech ETF in the fourth quarter valued at approximately $29,000. Avior Wealth Management LLC boosted its position in SPDR S&P Biotech ETF by 393.6% in the fourth quarter. Avior Wealth Management LLC now owns 385 shares of the exchange traded fund’s stock valued at $35,000 after buying an additional 307 shares in the last quarter. Lee Danner & Bass Inc. acquired a new stake in SPDR S&P Biotech ETF in the fourth quarter valued at approximately $38,000. Finally, Bank of Jackson Hole Trust acquired a new stake in SPDR S&P Biotech ETF in the fourth quarter valued at approximately $43,000.

SPDR S&P Biotech ETF Price Performance

Shares of SPDR S&P Biotech ETF stock opened at $87.12 on Friday. The company’s 50 day moving average price is $89.59 and its two-hundred day moving average price is $94.38. The firm has a market capitalization of $5.65 billion, a P/E ratio of 11.47 and a beta of 0.99. SPDR S&P Biotech ETF has a fifty-two week low of $81.14 and a fifty-two week high of $105.47.

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.