Kestra Advisory Services LLC Has $3.33 Million Holdings in SPDR S&P Biotech ETF $XBI

Kestra Advisory Services LLC grew its holdings in shares of SPDR S&P Biotech ETF (NYSEARCA:XBI) by 30.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,063 shares of the exchange traded fund’s stock after acquiring an additional 6,073 shares during the period. Kestra Advisory Services LLC’s holdings in SPDR S&P Biotech ETF were worth $3,329,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of XBI. Financial Life Planners purchased a new stake in shares of SPDR S&P Biotech ETF in the first quarter worth approximately $27,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of SPDR S&P Biotech ETF during the 4th quarter valued at $27,000. Intesa Sanpaolo Wealth Management bought a new stake in SPDR S&P Biotech ETF in the fourth quarter worth about $30,000. SHP Wealth Management bought a new stake in shares of SPDR S&P Biotech ETF in the 4th quarter worth approximately $31,000. Finally, Legacy Wealth Managment LLC ID bought a new stake in shares of SPDR S&P Biotech ETF in the fourth quarter valued at $32,000.

SPDR S&P Biotech ETF Trading Up 1.5%

Shares of XBI stock opened at $154.26 on Friday. SPDR S&P Biotech ETF has a 12 month low of $84.39 and a 12 month high of $165.71. The firm’s 50 day moving average is $142.45 and its 200 day moving average is $132.39. The stock has a market capitalization of $10.43 billion, a P/E ratio of 11.47 and a beta of 0.82.

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.