Stock Traders Purchase High Volume of Call Options on Health Care Select Sector SPDR Fund (NYSEARCA:XLV)

Health Care Select Sector SPDR Fund (NYSEARCA:XLV) was the target of some unusual options trading activity on Tuesday. Stock investors bought 35,843 call options on the company. This represents an increase of 70% compared to the average daily volume of 21,108 call options.

Institutional Investors Weigh In On Health Care Select Sector SPDR Fund

Institutional investors have recently modified their holdings of the company. GoalFusion Wealth Management LLC lifted its position in Health Care Select Sector SPDR Fund by 7.2% during the 3rd quarter. GoalFusion Wealth Management LLC now owns 30,980 shares of the exchange traded fund’s stock worth $4,772,000 after acquiring an additional 2,089 shares during the period. Herbst Group LLC lifted its holdings in shares of Health Care Select Sector SPDR Fund by 0.8% during the third quarter. Herbst Group LLC now owns 22,740 shares of the exchange traded fund’s stock worth $3,502,000 after purchasing an additional 187 shares during the period. Chemistry Wealth Management LLC grew its position in Health Care Select Sector SPDR Fund by 2.5% in the 3rd quarter. Chemistry Wealth Management LLC now owns 11,620 shares of the exchange traded fund’s stock valued at $1,790,000 after buying an additional 279 shares during the last quarter. Consilio Wealth Advisors LLC grew its position in Health Care Select Sector SPDR Fund by 1.0% in the 3rd quarter. Consilio Wealth Advisors LLC now owns 24,337 shares of the exchange traded fund’s stock valued at $3,748,000 after buying an additional 244 shares during the last quarter. Finally, Miracle Mile Advisors LLC increased its stake in Health Care Select Sector SPDR Fund by 1.0% in the 3rd quarter. Miracle Mile Advisors LLC now owns 334,762 shares of the exchange traded fund’s stock valued at $51,560,000 after buying an additional 3,289 shares during the period.

Health Care Select Sector SPDR Fund Trading Down 0.3 %

XLV opened at $147.04 on Wednesday. The firm has a market cap of $39.79 billion, a price-to-earnings ratio of 23.82 and a beta of 0.55. The stock’s 50-day moving average price is $142.06 and its 200 day moving average price is $148.01. Health Care Select Sector SPDR Fund has a 12-month low of $135.95 and a 12-month high of $159.64.

Health Care Select Sector SPDR Fund Company Profile

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).