Paul Tudor Jones II acquired 1.04M SPDR Series Trust - SPDR S&P Regional Banking ETF shares worth $68.9M. That's 0.51% of their equity portfolio (19th largest holding). The investor owns 804.32% of the outstanding SPDR Series Trust - SPDR S&P Regional Banking ETF stock. The first SPDR Series Trust - SPDR S&P Regional Banking ETF trade was made in Q2 2014. Since then Paul Tudor Jones II bought shares seven more times and sold shares on ten occasions. The stake costed the investor $63.3M, netting the investor a gain of 8.7% so far.
Increasing M&A deals and cutting edge therapies are driving biotech ETFs higher. IShares Nasdaq Biotechnology ETF: https://www.zacks.com/funds/etf/IBB/profil...