State Street SPDR S&P Biotech ETF · Financial Services

Flagship Harbor Advisors LLC trimmed its position in SPDR S&P Biotech ETF (NYSEARCA:XBI) by 47.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,317 shares of the exchange traded fund's stock after selling 5,756 shares during the period. Flagship Harbor Advisors LLC's holdings

Ascent Group LLC bought a new stake in SPDR S&P Biotech ETF (NYSEARCA:XBI) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 3,883 shares of the exchange traded fund's stock, valued at approximately $473,000. Other institutional investors and hedge funds have

Apella Capital LLC purchased a new position in shares of SPDR S&P Biotech ETF (NYSEARCA:XBI) during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 4,020 shares of the exchange traded fund's stock, valued at approximately $490,000. Other large investors

Biotech has long been one of the strongest sector stories of the past year, and investors who got there early have been rewarded.

The biotech industry has been a robust roller-coaster over the last half decade.

The bulk of coverage towards the top gaining stock sectors over the past year has focused understandably on technology, which has made huge strides, with semiconductors exceeding +60%. However, the biotech sector has gained +33-35% in the same period - and many predict things are just getting started. For those seeking a broad biotech exposure,... Biotech Stocks Are Up About 35% in the Past Year and Analysts Say the Biggest Gains Are Still Ahead.
The State Street SPDR S&P Biotech ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Biotechnology Select Industry Index (the "Index")Seeks to provide exposure to the Biotechnology segment of the S&P TMI, which comprises the following sub-industries: BiotechnologySeeks to track a modified equal weighted index which provides the potential for unconcentrated industry exposure across large, mid and small cap stocksAllows investors to take strategic or tactical positions at a more targeted level than traditional sector based investing
Financial Services
Asset Management
2006-02-06
1.28
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