Retirement Planning Co of New England Inc. Has $228,000 Stock Holdings in ALPS Medical Breakthroughs ETF (NYSEARCA:SBIO)

Retirement Planning Co of New England Inc. decreased its holdings in ALPS Medical Breakthroughs ETF (NYSEARCA:SBIO) by 8.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,894 shares of the company’s stock after selling 610 shares during the quarter. Retirement Planning Co of New England Inc. owned 0.22% of ALPS Medical Breakthroughs ETF worth $228,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in SBIO. Jane Street Group LLC bought a new stake in shares of ALPS Medical Breakthroughs ETF in the 3rd quarter worth about $366,000. McGuire Investment Group LLC grew its holdings in shares of ALPS Medical Breakthroughs ETF by 28.1% in the 4th quarter. McGuire Investment Group LLC now owns 10,310 shares of the company’s stock worth $341,000 after purchasing an additional 2,260 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of ALPS Medical Breakthroughs ETF by 3,789.1% in the 4th quarter. Farther Finance Advisors LLC now owns 4,978 shares of the company’s stock worth $164,000 after purchasing an additional 4,850 shares during the last quarter.

ALPS Medical Breakthroughs ETF Stock Down 2.2 %

SBIO opened at $30.47 on Wednesday. The firm’s 50-day simple moving average is $31.74 and its 200-day simple moving average is $35.38. ALPS Medical Breakthroughs ETF has a twelve month low of $29.30 and a twelve month high of $42.73.

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.