317 Shares in SPDR S&P Biotech ETF (NYSEARCA:XBI) Purchased by Kohmann Bosshard Financial Services LLC

Kohmann Bosshard Financial Services LLC bought a new position in SPDR S&P Biotech ETF (NYSEARCA:XBI) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 317 shares of the exchange traded fund’s stock, valued at approximately $29,000.

A number of other institutional investors have also added to or reduced their stakes in XBI. Golden State Wealth Management LLC bought a new position in SPDR S&P Biotech ETF in the 4th quarter worth about $29,000. Avior Wealth Management LLC increased its stake in SPDR S&P Biotech ETF by 393.6% in the 4th quarter. Avior Wealth Management LLC now owns 385 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 307 shares during the last quarter. Tidemark LLC increased its stake in SPDR S&P Biotech ETF by 101.5% in the 3rd quarter. Tidemark LLC now owns 395 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 199 shares during the last quarter. Quintet Private Bank Europe S.A. bought a new position in SPDR S&P Biotech ETF in the 3rd quarter worth about $40,000. Finally, Bank of Jackson Hole Trust bought a new position in SPDR S&P Biotech ETF in the 4th quarter worth about $43,000.

SPDR S&P Biotech ETF Stock Down 3.5 %

Shares of NYSEARCA XBI opened at $85.60 on Tuesday. The firm has a market capitalization of $5.65 billion, a P/E ratio of 11.47 and a beta of 0.93. The stock’s 50-day simple moving average is $90.88 and its two-hundred day simple moving average is $95.66. SPDR S&P Biotech ETF has a twelve month low of $81.14 and a twelve month high of $105.47.

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.