Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Stock Price Crosses Below 200-Day Moving Average of $142.87

Health Care Select Sector SPDR Fund (NYSEARCA:XLV) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $142.87 and traded as low as $142.73. Health Care Select Sector SPDR Fund shares last traded at $143.30, with a volume of 7,653,965 shares traded.

Health Care Select Sector SPDR Fund Stock Down 0.8 %

The company’s 50-day moving average is $144.36 and its two-hundred day moving average is $142.87. The company has a market capitalization of $38.78 billion, a P/E ratio of 23.82 and a beta of 0.55.

Institutional Trading of Health Care Select Sector SPDR Fund

A number of hedge funds have recently made changes to their positions in XLV. FMR LLC boosted its holdings in shares of Health Care Select Sector SPDR Fund by 7.3% in the 3rd quarter. FMR LLC now owns 83,614 shares of the exchange traded fund’s stock worth $10,764,000 after purchasing an additional 5,686 shares in the last quarter. Trexquant Investment LP bought a new position in Health Care Select Sector SPDR Fund during the third quarter valued at approximately $888,000. JT Stratford LLC raised its stake in shares of Health Care Select Sector SPDR Fund by 60.4% during the third quarter. JT Stratford LLC now owns 2,643 shares of the exchange traded fund’s stock worth $340,000 after acquiring an additional 995 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of Health Care Select Sector SPDR Fund by 1.6% in the 3rd quarter. Royal Bank of Canada now owns 3,265,234 shares of the exchange traded fund’s stock worth $420,366,000 after acquiring an additional 52,215 shares during the last quarter. Finally, Financial Gravity Asset Management Inc. boosted its stake in shares of Health Care Select Sector SPDR Fund by 650.4% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 998 shares of the exchange traded fund’s stock valued at $124,000 after purchasing an additional 865 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).