Health Care Select Sector SPDR Fund (NYSEARCA:XLV – Get Free Report) was the recipient of unusually large options trading on Friday. Stock investors bought 57,421 call options on the company. This represents an increase of 339% compared to the average daily volume of 13,088 call options.
Health Care Select Sector SPDR Fund Trading Up 1.5%
XLV traded up $2.23 during trading on Friday, reaching $154.31. 11,560,388 shares of the company were exchanged, compared to its average volume of 12,572,141. The stock has a market cap of $40.44 billion, a P/E ratio of 21.15 and a beta of 0.58. The firm has a 50 day moving average of $146.77 and a 200 day moving average of $152.05. Health Care Select Sector SPDR Fund has a 52 week low of $127.96 and a 52 week high of $160.59.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in the stock. DV Trading LLC grew its stake in Health Care Select Sector SPDR Fund by 6,206.7% during the 1st quarter. DV Trading LLC now owns 18,920 shares of the exchange traded fund’s stock worth $2,774,000 after buying an additional 18,620 shares during the last quarter. Parallel Advisors LLC grew its stake in Health Care Select Sector SPDR Fund by 39.8% during the 1st quarter. Parallel Advisors LLC now owns 6,937 shares of the exchange traded fund’s stock worth $1,017,000 after buying an additional 1,976 shares during the last quarter. Asset Dedication LLC boosted its position in Health Care Select Sector SPDR Fund by 6.3% during the 1st quarter. Asset Dedication LLC now owns 1,577 shares of the exchange traded fund’s stock worth $231,000 after acquiring an additional 93 shares during the period. Cozad Asset Management Inc. boosted its position in Health Care Select Sector SPDR Fund by 8.9% during the 1st quarter. Cozad Asset Management Inc. now owns 2,138 shares of the exchange traded fund’s stock worth $313,000 after acquiring an additional 175 shares during the period. Finally, Lavelle Capital LP acquired a new position in Health Care Select Sector SPDR Fund during the 1st quarter worth $1,479,000.
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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