Healthcare of Ontario Pension Plan Trust Fund reduced its position in SPDR S&P Biotech ETF (NYSEARCA:XBI – Free Report) by 8.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 12,592,500 shares of the exchange traded fund’s stock after selling 1,232,500 shares during the period. SPDR S&P Biotech ETF accounts for about 2.6% of Healthcare of Ontario Pension Plan Trust Fund’s holdings, making the stock its 7th largest holding. Healthcare of Ontario Pension Plan Trust Fund owned about 0.19% of SPDR S&P Biotech ETF worth $1,535,404,000 at the end of the most recent reporting period.
Other large investors have also made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of SPDR S&P Biotech ETF in the 4th quarter worth $27,000. Intesa Sanpaolo Wealth Management purchased a new position in shares of SPDR S&P Biotech ETF in the 4th quarter worth $30,000. Legacy Wealth Managment LLC ID purchased a new position in shares of SPDR S&P Biotech ETF in the 4th quarter worth $32,000. Smartleaf Asset Management LLC purchased a new position in shares of SPDR S&P Biotech ETF in the 4th quarter worth $32,000. Finally, Acumen Wealth Advisors LLC purchased a new position in shares of SPDR S&P Biotech ETF in the 4th quarter worth $34,000.
SPDR S&P Biotech ETF Trading Up 0.8%
Shares of NYSEARCA XBI opened at $133.79 on Friday. SPDR S&P Biotech ETF has a 12-month low of $80.90 and a 12-month high of $139.19. The company has a market cap of $8.54 billion, a P/E ratio of 11.47 and a beta of 0.85. The stock has a fifty day moving average price of $132.63 and a 200 day moving average price of $127.12.
About SPDR S&P Biotech ETF
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.
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Want to see what other hedge funds are holding XBI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Biotech ETF (NYSEARCA:XBI – Free Report).
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