Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Sets New 12-Month High – Here’s What Happened

Health Care Select Sector SPDR Fund (NYSEARCA:XLV) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $158.95 and last traded at $158.42, with a volume of 12398092 shares traded. The stock had previously closed at $158.77.

Health Care Select Sector SPDR Fund Trading Down 0.2%

The stock has a market cap of $40.09 billion, a P/E ratio of 21.15 and a beta of 0.63. The business’s fifty day simple moving average is $145.25 and its 200 day simple moving average is $138.21.

Institutional Trading of Health Care Select Sector SPDR Fund

Institutional investors have recently bought and sold shares of the business. BankPlus Trust Department grew its holdings in Health Care Select Sector SPDR Fund by 625.0% during the second quarter. BankPlus Trust Department now owns 203 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 175 shares during the period. Strategic Advocates LLC acquired a new position in Health Care Select Sector SPDR Fund in the third quarter valued at about $27,000. Halbert Hargrove Global Advisors LLC bought a new stake in shares of Health Care Select Sector SPDR Fund in the third quarter worth about $28,000. Wagner Wealth Management LLC raised its position in shares of Health Care Select Sector SPDR Fund by 87.7% during the second quarter. Wagner Wealth Management LLC now owns 214 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 100 shares during the period. Finally, Louisbourg Investments Inc. acquired a new stake in shares of Health Care Select Sector SPDR Fund during the third quarter worth about $29,000.

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).