SPDR S&P Biotech ETF $XBI Shares Sold by OLD National Bancorp IN

OLD National Bancorp IN decreased its holdings in SPDR S&P Biotech ETF (NYSEARCA:XBI) by 90.4% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,968 shares of the exchange traded fund’s stock after selling 56,104 shares during the quarter. OLD National Bancorp IN’s holdings in SPDR S&P Biotech ETF were worth $762,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of SPDR S&P Biotech ETF during the 4th quarter worth $27,000. Intesa Sanpaolo Wealth Management acquired a new stake in shares of SPDR S&P Biotech ETF in the fourth quarter valued at about $30,000. SHP Wealth Management acquired a new stake in shares of SPDR S&P Biotech ETF in the fourth quarter valued at about $31,000. Legacy Wealth Managment LLC ID purchased a new stake in SPDR S&P Biotech ETF during the fourth quarter worth about $32,000. Finally, Smartleaf Asset Management LLC purchased a new stake in SPDR S&P Biotech ETF during the fourth quarter worth about $32,000.

SPDR S&P Biotech ETF Trading Up 2.5%

Shares of XBI opened at $155.38 on Friday. SPDR S&P Biotech ETF has a twelve month low of $82.04 and a twelve month high of $155.93. The firm has a market capitalization of $9.91 billion, a P/E ratio of 11.47 and a beta of 0.85. The firm’s 50-day moving average is $135.24 and its two-hundred day moving average is $128.70.

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.