Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Health Care Select Sector SPDR Fund (NYSEARCA:XLV) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $149.07 and traded as low as $141.57. Health Care Select Sector SPDR Fund shares last traded at $141.85, with a volume of 14,245,237 shares.

Health Care Select Sector SPDR Fund Price Performance

The firm has a fifty day moving average of $151.59 and a 200 day moving average of $149.14. The stock has a market capitalization of $38.38 billion, a price-to-earnings ratio of 23.82 and a beta of 0.55.

Institutional Trading of Health Care Select Sector SPDR Fund

Hedge funds have recently added to or reduced their stakes in the company. MidWestOne Financial Group Inc. boosted its stake in shares of Health Care Select Sector SPDR Fund by 7.0% during the 3rd quarter. MidWestOne Financial Group Inc. now owns 1,546 shares of the exchange traded fund’s stock worth $238,000 after acquiring an additional 101 shares in the last quarter. Greenwood Gearhart Inc. raised its holdings in Health Care Select Sector SPDR Fund by 9.3% in the 3rd quarter. Greenwood Gearhart Inc. now owns 232,876 shares of the exchange traded fund’s stock worth $35,867,000 after purchasing an additional 19,720 shares during the period. Prestige Wealth Management Group LLC boosted its position in Health Care Select Sector SPDR Fund by 2.3% during the third quarter. Prestige Wealth Management Group LLC now owns 138,188 shares of the exchange traded fund’s stock worth $21,284,000 after purchasing an additional 3,157 shares in the last quarter. M&T Bank Corp grew its holdings in Health Care Select Sector SPDR Fund by 104.1% in the third quarter. M&T Bank Corp now owns 46,247 shares of the exchange traded fund’s stock valued at $7,123,000 after purchasing an additional 23,585 shares during the period. Finally, Y Intercept Hong Kong Ltd purchased a new stake in shares of Health Care Select Sector SPDR Fund in the third quarter valued at approximately $417,000.

Health Care Select Sector SPDR Fund Company Profile

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).