Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Health Care Select Sector SPDR Fund (NYSEARCA:XLV)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $148.55 and traded as low as $137.12. Health Care Select Sector SPDR Fund shares last traded at $137.61, with a volume of 8,972,816 shares changing hands.

Health Care Select Sector SPDR Fund Stock Performance

The company has a market capitalization of $37.24 billion, a price-to-earnings ratio of 23.82 and a beta of 0.55. The firm has a fifty day moving average price of $143.73 and a 200-day moving average price of $148.55.

Institutional Trading of Health Care Select Sector SPDR Fund

Several large investors have recently made changes to their positions in the company. Rakuten Securities Inc. boosted its stake in shares of Health Care Select Sector SPDR Fund by 8,150.0% in the 3rd quarter. Rakuten Securities Inc. now owns 165 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 163 shares in the last quarter. CarsonAllaria Wealth Management Ltd. bought a new stake in shares of Health Care Select Sector SPDR Fund during the third quarter worth $32,000. Legacy Investment Solutions LLC acquired a new position in shares of Health Care Select Sector SPDR Fund during the third quarter worth $32,000. Hara Capital LLC bought a new position in shares of Health Care Select Sector SPDR Fund in the 3rd quarter valued at $39,000. Finally, Richardson Financial Services Inc. boosted its holdings in shares of Health Care Select Sector SPDR Fund by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 284 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 142 shares in the last quarter.

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).