SPDR S&P Biotech ETF $XBI Position Decreased by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund lessened its holdings in shares of SPDR S&P Biotech ETF (NYSEARCA:XBI) by 8.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 12,592,500 shares of the exchange traded fund’s stock after selling 1,232,500 shares during the quarter. SPDR S&P Biotech ETF makes up about 2.6% of Healthcare of Ontario Pension Plan Trust Fund’s investment portfolio, making the stock its 7th biggest position. Healthcare of Ontario Pension Plan Trust Fund owned 18.85% of SPDR S&P Biotech ETF worth $1,535,404,000 as of its most recent SEC filing.

Other large investors also recently 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 during the 4th quarter worth $27,000. Intesa Sanpaolo Wealth Management purchased a new position in shares of SPDR S&P Biotech ETF during the 4th quarter worth $30,000. Legacy Wealth Managment LLC ID purchased a new position in shares of SPDR S&P Biotech ETF during the 4th quarter worth $32,000. Smartleaf Asset Management LLC purchased a new position in shares of SPDR S&P Biotech ETF during the 4th quarter worth $32,000. Finally, Acumen Wealth Advisors LLC purchased a new position in shares of SPDR S&P Biotech ETF during the 4th quarter worth $34,000.

SPDR S&P Biotech ETF Stock Up 0.8%

Shares of SPDR S&P Biotech ETF stock opened at $133.79 on Friday. The firm has a market cap of $8.54 billion, a PE ratio of 11.47 and a beta of 0.85. The business’s fifty day moving average is $132.63 and its two-hundred day moving average is $127.12. SPDR S&P Biotech ETF has a fifty-two week low of $80.90 and a fifty-two week high of $139.19.

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.