Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Stock Crosses Below 200 Day Moving Average of $132.83

Health Care Select Sector SPDR Fund (NYSEARCA:XLV – Get Rating) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $132.83 and traded as low as $129.71. Health Care Select Sector SPDR Fund shares last traded at $130.00, with a volume of 8,721,708 shares traded.

Health Care Select Sector SPDR Fund Trading Down 1.1 %

The stock has a market capitalization of $38.94 billion, a P/E ratio of 15.12 and a beta of 0.70. The company has a 50-day moving average price of $131.40 and a 200 day moving average price of $132.83.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Fairfield Bush & CO. purchased a new position in Health Care Select Sector SPDR Fund during the first quarter worth approximately $70,000. Bank of New York Mellon Corp boosted 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 worth $4,560,000 after purchasing an additional 4,080 shares in the last quarter. BlackRock Inc. boosted 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 worth $290,430,000 after purchasing an additional 340,966 shares in the last quarter. Vontobel Holding Ltd. boosted 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 worth $1,096,000 after purchasing an additional 4,504 shares in the last quarter. Finally, Prudential PLC purchased a new position in Health Care Select Sector SPDR Fund during the first quarter worth approximately $685,000.

Health Care Select Sector SPDR Fund Company Profile

(Get Rating)

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).