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Realta Investment Advisors cut its stake in the iShares Biotechnology ETF by 90.4%, while other investors increased theirs.
Realta Investment Advisors significantly reduced its shares in the iShares Biotechnology ETF (IBB) by 90.4% in the fourth quarter, while other investors like BNP Paribas Financial Markets and Appleton Partners Inc. increased their stakes.
Hedge funds and institutional investors now own 62.45% of IBB's stock.
The ETF tracks the NASDAQ Biotechnology Index and recently paid a dividend of $0.0624.
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Realta Investment Advisors redujo su participación en iShares Biotechnology ETF en un 90,4%, mientras que otros inversores incrementaron la suya.