Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Stock Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Health Care Select Sector SPDR Fund (NYSEARCA:XLV) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $145.19 and traded as low as $133.65. Health Care Select Sector SPDR Fund shares last traded at $136.87, with a volume of 10,754,355 shares trading hands.

Health Care Select Sector SPDR Fund Stock Up 1.5 %

The stock’s 50 day moving average price is $144.74 and its two-hundred day moving average price is $145.19. The stock has a market cap of $36.14 billion, a price-to-earnings ratio of 29.15 and a beta of 0.71.

Institutional Trading of Health Care Select Sector SPDR Fund

Hedge funds have recently modified their holdings of the stock. Asset Advisors Investment Management LLC boosted its holdings in Health Care Select Sector SPDR Fund by 10.7% during the third quarter. Asset Advisors Investment Management LLC now owns 95,124 shares of the exchange traded fund’s stock worth $14,651,000 after buying an additional 9,177 shares in the last quarter. Wilmington Savings Fund Society FSB boosted its stake in shares of Health Care Select Sector SPDR Fund by 4,965.5% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 93,662 shares of the exchange traded fund’s stock worth $14,426,000 after acquiring an additional 91,813 shares in the last quarter. Arvest Bank Trust Division acquired a new stake in shares of Health Care Select Sector SPDR Fund during the 3rd quarter valued at about $11,287,000. Howard Capital Management Group LLC increased its stake in shares of Health Care Select Sector SPDR Fund by 3.3% in the 3rd quarter. Howard Capital Management Group LLC now owns 55,116 shares of the exchange traded fund’s stock valued at $8,489,000 after purchasing an additional 1,741 shares in the last quarter. Finally, SPX Gestao de Recursos Ltda acquired a new position in Health Care Select Sector SPDR Fund in the 3rd quarter worth about $2,310,000.

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).