Health Care Select Sector SPDR Fund (NYSEARCA:XLV – Get Free Report) saw some unusual options trading on Wednesday. Investors acquired 61,906 call options on the stock. This represents an increase of 403% compared to the typical volume of 12,306 call options.
Health Care Select Sector SPDR Fund Trading Up 0.6%
Shares of NYSEARCA XLV traded up $0.92 during mid-day trading on Wednesday, hitting $146.77. The company had a trading volume of 10,737,763 shares, compared to its average volume of 12,950,414. The company has a market capitalization of $38.47 billion, a price-to-earnings ratio of 21.15 and a beta of 0.58. Health Care Select Sector SPDR Fund has a 1 year low of $127.35 and a 1 year high of $160.59. The stock’s 50-day moving average price is $147.77 and its 200-day moving average price is $151.92.
Hedge Funds Weigh In On Health Care Select Sector SPDR Fund
Several hedge funds have recently made changes to their positions in XLV. JPMorgan Chase & Co. boosted its position in shares of Health Care Select Sector SPDR Fund by 21.4% in the fourth quarter. JPMorgan Chase & Co. now owns 16,768,323 shares of the exchange traded fund’s stock valued at $2,595,737,000 after acquiring an additional 2,957,648 shares during the period. Focus Partners Wealth boosted its holdings in Health Care Select Sector SPDR Fund by 191.2% in the 3rd quarter. Focus Partners Wealth now owns 2,739,901 shares of the exchange traded fund’s stock valued at $381,315,000 after purchasing an additional 1,799,103 shares during the period. Rokos Capital Management LLP bought a new position in Health Care Select Sector SPDR Fund in the 4th quarter valued at $256,589,000. State Street Corp boosted its holdings in 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 purchasing an additional 1,192,747 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. raised its position in shares of Health Care Select Sector SPDR Fund by 53.1% in the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,148,378 shares of the exchange traded fund’s stock worth $438,149,000 after buying an additional 1,091,657 shares in the last quarter.
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). 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.
Read More
- Five stocks we like better than Health Care Select Sector SPDR Fund
- Nebius Upside Expands as AI Feedback Loop Intensifies
- Insider Trades: Okta and Abbott See Buys, Micron Insiders Sell
- Plug Power Flips The Switch On Profitability
- 3 Sectors That Look Most Vulnerable Ahead of May 15
Receive News & Ratings for Health Care Select Sector SPDR Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Health Care Select Sector SPDR Fund and related companies with MarketBeat.com's FREE daily email newsletter.
