Health Care Select Sector SPDR Fund (NYSEARCA:XLV – Get Free Report) was the recipient of some unusual options trading activity on Tuesday. Stock investors purchased 33,298 put options on the stock. This represents an increase of 57% compared to the average volume of 21,265 put options.
Institutional Trading of Health Care Select Sector SPDR Fund
Several institutional investors and hedge funds have recently added to or reduced their stakes in XLV. MLG Wealth Management DBA Pine Grove Financial Group acquired a new position in shares of Health Care Select Sector SPDR Fund during the 2nd quarter worth about $221,000. Tucker Asset Management LLC lifted its stake in Health Care Select Sector SPDR Fund by 16.3% in the 2nd quarter. Tucker Asset Management LLC now owns 2,027 shares of the exchange traded fund’s stock valued at $322,000 after purchasing an additional 284 shares during the last quarter. HORAN Wealth LLC grew its holdings in Health Care Select Sector SPDR Fund by 37.5% during the second quarter. HORAN Wealth LLC now owns 3,961 shares of the exchange traded fund’s stock worth $628,000 after purchasing an additional 1,081 shares during the period. HighTower Advisors LLC grew its holdings in Health Care Select Sector SPDR Fund by 4.2% during the second quarter. HighTower Advisors LLC now owns 548,802 shares of the exchange traded fund’s stock worth $87,073,000 after purchasing an additional 21,880 shares during the period. Finally, January Capital Advisors LLC increased its position in Health Care Select Sector SPDR Fund by 123.0% during the second quarter. January Capital Advisors LLC now owns 15,937 shares of the exchange traded fund’s stock worth $2,529,000 after buying an additional 8,791 shares during the last quarter.
Health Care Select Sector SPDR Fund Trading Down 2.1%
Shares of Health Care Select Sector SPDR Fund stock traded down $3.65 on Tuesday, reaching $167.81. 6,873,889 shares of the company were exchanged, compared to its average volume of 11,488,467. Health Care Select Sector SPDR Fund has a one year low of $133.73 and a one year high of $176.60. The company has a market capitalization of $43.22 billion, a price-to-earnings ratio of 21.15 and a beta of 0.56. The company has a 50-day moving average of $166.01 and a 200 day moving average of $155.49.
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.
See Also
- Five stocks we like better than Health Care Select Sector SPDR Fund
- Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For
- AI Is Making Cybersecurity Harder to Ignore—These 3 ETFs Offer a Broad Bet
- Campbell’s Dividend Cut May Reset the Stock, But the Turnaround Still Has to Deliver
- Copper Is the AI Trade No One Priced In—3 Miners With the Most to Gain
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.
