Meitav Investment House Ltd. Reduces Stock Holdings in SPDR S&P Health Care Equipment ETF $XHE

Meitav Investment House Ltd. lessened its stake in shares of SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) by 1.1% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 20,738 shares of the company’s stock after selling 225 shares during the quarter. Meitav Investment House Ltd.’s holdings in SPDR S&P Health Care Equipment ETF were worth $1,684,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Envestnet Asset Management Inc. grew its position in shares of SPDR S&P Health Care Equipment ETF by 222.0% in the 1st quarter. Envestnet Asset Management Inc. now owns 32,455 shares of the company’s stock valued at $2,668,000 after buying an additional 22,376 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in SPDR S&P Health Care Equipment ETF by 1,566.5% in the first quarter. Jones Financial Companies Lllp now owns 26,930 shares of the company’s stock valued at $2,214,000 after acquiring an additional 25,314 shares in the last quarter. Truist Financial Corp grew its holdings in shares of SPDR S&P Health Care Equipment ETF by 6.3% during the second quarter. Truist Financial Corp now owns 24,750 shares of the company’s stock worth $2,010,000 after purchasing an additional 1,458 shares during the last quarter. Pacific Sun Financial Corp increased its position in shares of SPDR S&P Health Care Equipment ETF by 3.3% during the first quarter. Pacific Sun Financial Corp now owns 13,995 shares of the company’s stock worth $1,150,000 after purchasing an additional 446 shares in the last quarter. Finally, Belpointe Asset Management LLC lifted its holdings in shares of SPDR S&P Health Care Equipment ETF by 11.5% in the 1st quarter. Belpointe Asset Management LLC now owns 8,706 shares of the company’s stock valued at $716,000 after purchasing an additional 898 shares during the last quarter.

SPDR S&P Health Care Equipment ETF Stock Down 0.8%

NYSEARCA:XHE opened at $80.17 on Tuesday. The company has a market capitalization of $140.30 million, a PE ratio of 29.20 and a beta of 0.94. SPDR S&P Health Care Equipment ETF has a 52-week low of $71.25 and a 52-week high of $97.10. The stock’s 50 day moving average price is $80.07 and its 200 day moving average price is $79.92.

SPDR S&P Health Care Equipment ETF Profile

The SPDR S&P Health Care Equipment ETF (XHE) is an exchange-traded fund that mostly invests in health care equity. The fund tracks an equal-weighted index of U.S. health care equipment and supplies companies. XHE was launched on Jan 26, 2011 and is managed by State Street.