Steinberg Global Asset Management decreased its holdings in Health Care SPDR (NYSEARCA:XLV) by 0.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 103,913 shares of the exchange traded fund’s stock after selling 910 shares during the quarter. Health Care SPDR makes up about 1.2% of Steinberg Global Asset Management’s investment portfolio, making the stock its 22nd largest position. Steinberg Global Asset Management’s holdings in Health Care SPDR were worth $8,592,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also modified their holdings of XLV. Front Row Advisors LLC acquired a new stake in shares of Health Care SPDR in the 4th quarter valued at $104,000. SeaCrest Wealth Management LLC acquired a new stake in shares of Health Care SPDR in the 4th quarter valued at $116,000. Cerebellum GP LLC acquired a new stake in shares of Health Care SPDR in the 4th quarter valued at $128,000. WealthTrust Arizona LLC acquired a new stake in shares of Health Care SPDR in the 4th quarter valued at $129,000. Finally, Valeo Financial Advisors LLC acquired a new stake in shares of Health Care SPDR in the 3rd quarter valued at $139,000.
Shares of Health Care SPDR (NYSEARCA:XLV) opened at $86.89 on Monday. The company has a market capitalization of $17,230.00 and a price-to-earnings ratio of 6.73. Health Care SPDR has a 52 week low of $70.99 and a 52 week high of $91.79.
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About Health Care SPDR
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).
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