Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Share Price Crosses Above Fifty Day Moving Average – Should You Sell?

Health Care Select Sector SPDR Fund (NYSEARCA:XLV) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $137.57 and traded as high as $142.86. Health Care Select Sector SPDR Fund shares last traded at $142.34, with a volume of 10,029,661 shares traded.

Health Care Select Sector SPDR Fund Trading Up 0.3%

The business’s fifty day simple moving average is $137.57 and its 200 day simple moving average is $135.82. The stock has a market cap of $35.55 billion, a price-to-earnings ratio of 21.15 and a beta of 0.70.

Institutional Trading of Health Care Select Sector SPDR Fund

A number of institutional investors have recently bought and sold shares of XLV. Kingstone Capital Partners Texas LLC grew its holdings in Health Care Select Sector SPDR Fund by 559,865.8% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 71,166,053 shares of the exchange traded fund’s stock worth $9,870,296,000 after acquiring an additional 71,153,344 shares during the period. JPMorgan Chase & Co. grew its holdings in Health Care Select Sector SPDR Fund by 16.0% during the 1st quarter. JPMorgan Chase & Co. now owns 12,681,479 shares of the exchange traded fund’s stock worth $1,851,643,000 after acquiring an additional 1,750,223 shares during the period. State Street Corp grew its holdings in shares of Health Care Select Sector SPDR Fund by 897.6% in the 2nd quarter. State Street Corp now owns 1,325,623 shares of the exchange traded fund’s stock valued at $178,681,000 after buying an additional 1,192,747 shares during the period. Voya Investment Management LLC acquired a new position in shares of Health Care Select Sector SPDR Fund in the 1st quarter valued at $173,281,000. Finally, Main Management ETF Advisors LLC grew its holdings in shares of Health Care Select Sector SPDR Fund by 202.9% in the 2nd quarter. Main Management ETF Advisors LLC now owns 1,453,052 shares of the exchange traded fund’s stock valued at $195,857,000 after buying an additional 973,307 shares during the period.

About Health Care Select Sector SPDR Fund

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).