9,981 Shares in ALPS Medical Breakthroughs ETF $SBIO Acquired by Moran Wealth Management LLC

Moran Wealth Management LLC acquired a new position in shares of ALPS Medical Breakthroughs ETF (NYSEARCA:SBIO) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 9,981 shares of the company’s stock, valued at approximately $300,000. Moran Wealth Management LLC owned 0.42% of ALPS Medical Breakthroughs ETF as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in the stock. Rossby Financial LCC purchased a new position in shares of ALPS Medical Breakthroughs ETF during the first quarter worth $147,000. Strategic Financial Services Inc. boosted its holdings in ALPS Medical Breakthroughs ETF by 12.7% during the 1st quarter. Strategic Financial Services Inc. now owns 19,225 shares of the company’s stock valued at $548,000 after acquiring an additional 2,163 shares during the period. Jones Financial Companies Lllp purchased a new position in ALPS Medical Breakthroughs ETF during the 1st quarter valued at about $782,000. Finally, Phoenix Financial Ltd. purchased a new position in ALPS Medical Breakthroughs ETF during the 1st quarter valued at about $41,785,000.

ALPS Medical Breakthroughs ETF Stock Performance

Shares of ALPS Medical Breakthroughs ETF stock opened at $42.19 on Friday. The business has a 50-day moving average of $37.12 and a 200 day moving average of $32.25. ALPS Medical Breakthroughs ETF has a 12 month low of $22.33 and a 12 month high of $43.60.

About ALPS Medical Breakthroughs ETF

The ALPS Medical Breakthroughs ETF (SBIO) is an exchange-traded fund that is based on the S-Network Medical Breakthroughs index. The fund tracks, a market-cap weighted index comprising US-listed biotech companies with one or more drugs currently in either Phase II or Phase III FDA clinical trials. SBIO was launched on Dec 31, 2014 and is managed by ALPS.