SPDR S&P Biotech ETF $XBI Shares Acquired by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp lifted its stake in shares of SPDR S&P Biotech ETF (NYSEARCA:XBI) by 42,425.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,190,707 shares of the exchange traded fund’s stock after purchasing an additional 1,187,907 shares during the period. OMERS ADMINISTRATION Corp owned 1.78% of SPDR S&P Biotech ETF worth $145,147,000 as of its most recent SEC filing.

Other institutional investors have 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 stake in shares of SPDR S&P Biotech ETF during the 4th quarter valued at approximately $27,000. Intesa Sanpaolo Wealth Management purchased a new stake in SPDR S&P Biotech ETF in the fourth quarter valued at approximately $30,000. Legacy Wealth Managment LLC ID purchased a new stake in shares of SPDR S&P Biotech ETF during the fourth quarter worth $32,000. Smartleaf Asset Management LLC purchased a new stake in shares of SPDR S&P Biotech ETF during the fourth quarter worth $32,000. Finally, Acumen Wealth Advisors LLC purchased a new stake in shares of SPDR S&P Biotech ETF during the fourth quarter worth $34,000.

SPDR S&P Biotech ETF Trading Up 2.0%

Shares of XBI stock opened at $136.40 on Tuesday. The company has a market cap of $8.70 billion, a P/E ratio of 11.47 and a beta of 0.85. The firm has a fifty day moving average price of $132.78 and a 200 day moving average price of $127.28. SPDR S&P Biotech ETF has a 12 month low of $80.90 and a 12 month 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.