Health Care Select Sector SPDR Fund (NYSEARCA:XLV – Get Free Report) saw some unusual options trading on Wednesday. Stock investors acquired 26,752 put options on the company. This is an increase of approximately 29% compared to the typical daily volume of 20,672 put options.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the stock. Integrity Alliance LLC. raised its holdings in Health Care Select Sector SPDR Fund by 6.5% in the 3rd quarter. Integrity Alliance LLC. now owns 24,252 shares of the exchange traded fund’s stock valued at $4,085,000 after buying an additional 1,474 shares during the period. Summa Corp. purchased a new stake in Health Care Select Sector SPDR Fund in the third quarter valued at $4,047,000. Tucker Asset Management LLC boosted its stake in Health Care Select Sector SPDR Fund by 1,127.3% during the 3rd quarter. Tucker Asset Management LLC now owns 24,878 shares of the exchange traded fund’s stock worth $4,190,000 after purchasing an additional 22,851 shares during the period. VCI Wealth Management LLC acquired a new stake in Health Care Select Sector SPDR Fund during the 3rd quarter worth approximately $360,000. Finally, Gerber Kawasaki Wealth & Investment Management lifted its stake in shares of Health Care Select Sector SPDR Fund by 3.6% in the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 432,816 shares of the exchange traded fund’s stock worth $72,894,000 after acquiring an additional 15,013 shares during the period.
Health Care Select Sector SPDR Fund Trading Up 2.4%
NYSEARCA XLV opened at $184.04 on Friday. The firm has a market capitalization of $47.97 billion, a P/E ratio of 21.15 and a beta of 0.55. The firm’s fifty day simple moving average is $171.97 and its two-hundred day simple moving average is $158.66. Health Care Select Sector SPDR Fund has a 12-month low of $141.97 and a 12-month high of $184.85.
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.
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