Traders Buy Large Volume of Health Care Select Sector SPDR Fund Put Options (NYSEARCA:XLV)

Health Care Select Sector SPDR Fund (NYSEARCA:XLV) saw some unusual options trading on Friday. Stock traders acquired 38,384 put options on the stock. This represents an increase of 75% compared to the average volume of 21,944 put options.

Health Care Select Sector SPDR Fund Stock Performance

Shares of NYSEARCA XLV traded down $0.36 during trading on Friday, hitting $155.44. The company had a trading volume of 1,952,520 shares, compared to its average volume of 11,797,636. Health Care Select Sector SPDR Fund has a 12 month low of $127.35 and a 12 month high of $158.95. The firm has a market capitalization of $39.34 billion, a P/E ratio of 21.15 and a beta of 0.63. The stock has a 50 day simple moving average of $151.14 and a 200 day simple moving average of $141.39.

Institutional Investors Weigh In On Health Care Select Sector SPDR Fund

Institutional investors have recently bought and sold shares of the business. Calton & Associates Inc. boosted its holdings in shares of Health Care Select Sector SPDR Fund by 53.4% in the 1st quarter. Calton & Associates Inc. now owns 28,322 shares of the exchange traded fund’s stock valued at $4,135,000 after acquiring an additional 9,858 shares during the last quarter. Ieq Capital LLC grew its position in Health Care Select Sector SPDR Fund by 22.3% during the 1st quarter. Ieq Capital LLC now owns 19,200 shares of the exchange traded fund’s stock worth $2,803,000 after purchasing an additional 3,507 shares during the period. Wellington Management Group LLP raised its stake in shares of Health Care Select Sector SPDR Fund by 21.6% during the 1st quarter. Wellington Management Group LLP now owns 11,114 shares of the exchange traded fund’s stock valued at $1,623,000 after buying an additional 1,977 shares during the last quarter. Alpine Global Management LLC acquired a new position in shares of Health Care Select Sector SPDR Fund in the 1st quarter valued at about $526,000. Finally, Centric Wealth Management lifted its holdings in shares of Health Care Select Sector SPDR Fund by 698.2% in the 1st quarter. Centric Wealth Management now owns 23,109 shares of the exchange traded fund’s stock valued at $3,374,000 after buying an additional 20,214 shares during the period.

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). The Health Care Select Sector Index includes companies from the industries, such as pharmaceuticals, healthcare providers and services, healthcare equipment and supplies, biotechnology, life sciences tools and services, and healthcare technology.