Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Share Price Crosses Below 200-Day Moving Average of $130.98

Shares of Health Care Select Sector SPDR Fund (NYSEARCA:XLV – Get Rating) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $130.98 and traded as low as $125.02. Health Care Select Sector SPDR Fund shares last traded at $127.50, with a volume of 15,398,148 shares.

Health Care Select Sector SPDR Fund Price Performance

The business has a 50 day moving average of $131.24 and a 200 day moving average of $130.98. The company has a market cap of $39.03 billion, a PE ratio of 15.12 and a beta of 0.73.

Institutional Trading of Health Care Select Sector SPDR Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in XLV. Fairfield Bush & CO. purchased a new position in Health Care Select Sector SPDR Fund during the first quarter valued at $70,000. Bank of New York Mellon Corp lifted its position in Health Care Select Sector SPDR Fund by 14.0% during the first quarter. Bank of New York Mellon Corp now owns 33,291 shares of the exchange traded fund’s stock valued at $4,560,000 after buying an additional 4,080 shares during the period. BlackRock Inc. lifted its position in Health Care Select Sector SPDR Fund by 19.2% during the first quarter. BlackRock Inc. now owns 2,120,078 shares of the exchange traded fund’s stock valued at $290,430,000 after buying an additional 340,966 shares during the period. Vontobel Holding Ltd. lifted its position in Health Care Select Sector SPDR Fund by 128.9% during the first quarter. Vontobel Holding Ltd. now owns 7,998 shares of the exchange traded fund’s stock valued at $1,096,000 after buying an additional 4,504 shares during the period. Finally, Prudential PLC purchased a new position in Health Care Select Sector SPDR Fund during the first quarter valued at $685,000.

Health Care Select Sector SPDR Fund Company Profile

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Health Care Select Sector SPDR Fund (the Fund) seeks to closely match the returns and characteristics of the S&P Health Care Select Sector Index (the Index). The companies included in the Index are selected on the basis of general industry classification from a universe of companies defined by the Standard & Poor’s 500 Composite Stock Index (S&P 500).