Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Health Care Select Sector SPDR Fund (NYSEARCA:XLV)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $146.69 and traded as low as $144.35. Health Care Select Sector SPDR Fund shares last traded at $145.27, with a volume of 6,501,121 shares.

Health Care Select Sector SPDR Fund Trading Down 1.3 %

The company has a 50 day moving average of $146.09 and a 200-day moving average of $146.69. The firm has a market capitalization of $38.35 billion, a P/E ratio of 29.25 and a beta of 0.68.

Health Care Select Sector SPDR Fund Cuts Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th will be given a $0.5645 dividend. The ex-dividend date of this dividend is Monday, March 24th.

Institutional Investors Weigh In On Health Care Select Sector SPDR Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in XLV. Hamilton Point Investment Advisors LLC lifted its position in Health Care Select Sector SPDR Fund by 6.4% during the fourth quarter. Hamilton Point Investment Advisors LLC now owns 1,200 shares of the exchange traded fund’s stock worth $165,000 after purchasing an additional 72 shares during the period. Centric Wealth Management raised its position in shares of Health Care Select Sector SPDR Fund by 2.4% in the 3rd quarter. Centric Wealth Management now owns 3,152 shares of the exchange traded fund’s stock valued at $467,000 after buying an additional 74 shares in the last quarter. Delta Financial Group Inc. raised its position in shares of Health Care Select Sector SPDR Fund by 2.0% in the 4th quarter. Delta Financial Group Inc. now owns 3,789 shares of the exchange traded fund’s stock valued at $521,000 after buying an additional 74 shares in the last quarter. Successful Portfolios LLC lifted its holdings in shares of Health Care Select Sector SPDR Fund by 3.8% during the 4th quarter. Successful Portfolios LLC now owns 2,042 shares of the exchange traded fund’s stock worth $281,000 after acquiring an additional 75 shares during the period. Finally, Choreo LLC boosted its position in shares of Health Care Select Sector SPDR Fund by 0.8% during the 4th quarter. Choreo LLC now owns 10,530 shares of the exchange traded fund’s stock worth $1,447,000 after acquiring an additional 82 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).