Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Short Interest Update

Health Care Select Sector SPDR Fund (NYSEARCA:XLV) saw a large decline in short interest in March. As of March 31st, there was short interest totaling 9,877,701 shares, a decline of 15.0% from the March 15th total of 11,621,525 shares. Based on an average daily trading volume, of 16,217,022 shares, the short-interest ratio is presently 0.6 days. Approximately 3.8% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Decker Retirement Planning Inc. lifted its stake in Health Care Select Sector SPDR Fund by 336.8% in the 4th quarter. Decker Retirement Planning Inc. now owns 166 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 128 shares in the last quarter. Strategic Advocates LLC bought a new stake in shares of Health Care Select Sector SPDR Fund in the 3rd quarter valued at approximately $27,000. Nalls Sherbakoff Group LLC acquired a new position in Health Care Select Sector SPDR Fund in the fourth quarter worth approximately $27,000. Halbert Hargrove Global Advisors LLC acquired a new stake in Health Care Select Sector SPDR Fund in the 3rd quarter worth approximately $28,000. Finally, Louisbourg Investments Inc. acquired a new position in Health Care Select Sector SPDR Fund in the 3rd quarter valued at $29,000.

Health Care Select Sector SPDR Fund Stock Performance

NYSEARCA XLV traded up $2.18 on Friday, reaching $148.79. The company’s stock had a trading volume of 4,826,430 shares, compared to its average volume of 13,826,875. Health Care Select Sector SPDR Fund has a twelve month low of $127.35 and a twelve month high of $160.59. The stock has a market cap of $38.92 billion, a PE ratio of 21.15 and a beta of 0.63. The firm’s 50 day moving average is $151.67 and its two-hundred day moving average is $151.55.

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). 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.