Ontario Teachers Pension Plan Board reduced its stake in shares of SPDR S&P Biotech (NYSEARCA:XBI) by 28.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 80,000 shares of the exchange traded fund’s stock after selling 32,000 shares during the period. Ontario Teachers Pension Plan Board’s holdings in SPDR S&P Biotech were worth $6,174,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the stock. Quantitative Investment Management LLC raised its position in SPDR S&P Biotech by 642.3% during the 2nd quarter. Quantitative Investment Management LLC now owns 1,451,998 shares of the exchange traded fund’s stock worth $112,065,000 after purchasing an additional 1,256,398 shares during the last quarter. FMR LLC raised its position in SPDR S&P Biotech by 6.2% during the 2nd quarter. FMR LLC now owns 191,702 shares of the exchange traded fund’s stock worth $14,796,000 after purchasing an additional 11,241 shares during the last quarter. Papp L Roy & Associates raised its position in SPDR S&P Biotech by 3.1% during the 2nd quarter. Papp L Roy & Associates now owns 187,538 shares of the exchange traded fund’s stock worth $14,474,000 after purchasing an additional 5,648 shares during the last quarter. Main Management LLC raised its position in SPDR S&P Biotech by 0.7% during the 2nd quarter. Main Management LLC now owns 146,360 shares of the exchange traded fund’s stock worth $11,296,000 after purchasing an additional 978 shares during the last quarter. Finally, Polaris Greystone Financial Group LLC raised its position in SPDR S&P Biotech by 1.4% during the 2nd quarter. Polaris Greystone Financial Group LLC now owns 132,336 shares of the exchange traded fund’s stock worth $10,214,000 after purchasing an additional 1,866 shares during the last quarter.

SPDR S&P Biotech (NYSEARCA XBI) opened at 86.57 on Friday. SPDR S&P Biotech has a 52-week low of $53.15 and a 52-week high of $86.69. The stock has a 50 day moving average price of $79.74 and a 200 day moving average price of $74.23.

The firm also recently declared a quarterly dividend, which was paid on Monday, September 25th. Shareholders of record on Monday, September 18th were given a dividend of $0.037 per share. The ex-dividend date of this dividend was Friday, September 15th. This represents a $0.15 annualized dividend and a yield of 0.17%.

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About SPDR S&P Biotech

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.

Institutional Ownership by Quarter for SPDR S&P Biotech (NYSEARCA:XBI)

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