Among the 18 mid-cap stocks that XBI holds in its portfolio, 17 declined and only one advanced on March 23. Mid-caps represent ~30% of XBI’s portfolio.
Given selling pressures, XBI’s 18 mid-cap stocks went down marginally on average, losing 0.4% on March 16. Eight stocks advanced while ten stocks declined.
Alnylam Pharmaceuticals (ALNY) dragged down mid-cap stocks for the week ended September 25. ALNY fell 22.37%, closing at $83.72. It was trading below the 20-day, 50-day, and 100-day moving averages.
For the week ended September 11, 2015, the SPDR S&P Biotechnology ETF (XBI) saw a big jump in the number of stocks trading above the 20-day moving average.
IBB mid-cap outperformed XBI mid-cap for the week ended September 4, 2015. The IBB top ten mid-cap stocks returned -3.34%, while the XBI top ten mid-cap stocks returned -4.33% for the same period.
Einhorn acquired a small position (0.9%) in Tempur Sealy International Corp in 3Q 2013. Tempur Sealy International posted 111.4% increase in 3Q 2013 net sales.
Third Point LLC Holdings, a large U.S. based hedge fund started new positions in Fedex Corp. (FDX), Google Inc. (GOOG), EQT Corp. (EQT), and Intrexon Corp. (XON). Abbreviated financial summaries and metrics for these securities are included below. Detailed analysis and recommendations require a subscription (more information at the bottom of the article). Fedex Corp. […]
