Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Stock Passes Below 200-Day Moving Average – Time to Sell?

Health Care Select Sector SPDR Fund (NYSEARCA:XLV)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-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.

Health Care Select Sector SPDR Fund Stock Up 0.0 %

The stock’s fifty day moving average is $143.73 and its two-hundred day moving average is $148.55. The firm has a market capitalization of $37.24 billion, a price-to-earnings ratio of 23.82 and a beta of 0.55.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Asset Dedication LLC lifted its holdings in shares of Health Care Select Sector SPDR Fund by 16.1% during the second quarter. Asset Dedication LLC now owns 1,473 shares of the exchange traded fund’s stock worth $215,000 after buying an additional 204 shares in the last quarter. Strategic Financial Concepts LLC raised its stake in Health Care Select Sector SPDR Fund by 6,733.4% in the 2nd quarter. Strategic Financial Concepts LLC now owns 500,000 shares of the exchange traded fund’s stock worth $72,875,000 after purchasing an additional 492,683 shares in the last quarter. Prestige Wealth Management Group LLC boosted its holdings in Health Care Select Sector SPDR Fund by 169.8% in the 2nd quarter. Prestige Wealth Management Group LLC now owns 135,031 shares of the exchange traded fund’s stock valued at $19,681,000 after purchasing an additional 84,978 shares during the period. Certuity LLC grew its position in shares of Health Care Select Sector SPDR Fund by 3.6% during the 2nd quarter. Certuity LLC now owns 25,019 shares of the exchange traded fund’s stock worth $3,646,000 after purchasing an additional 861 shares in the last quarter. Finally, Ellis Investment Partners LLC increased its holdings in shares of Health Care Select Sector SPDR Fund by 2.8% during the second quarter. Ellis Investment Partners LLC now owns 17,708 shares of the exchange traded fund’s stock worth $2,581,000 after purchasing an additional 486 shares during the period.

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).