Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

Health Care Select Sector SPDR Fund (NYSEARCA:XLV) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $147.95 and traded as low as $145.44. Health Care Select Sector SPDR Fund shares last traded at $146.03, with a volume of 6,634,847 shares changing hands.

Health Care Select Sector SPDR Fund Price Performance

The company’s fifty day simple moving average is $142.07 and its 200-day simple moving average is $147.95. The firm has a market capitalization of $39.52 billion, a PE ratio of 23.82 and a beta of 0.55.

Institutional Investors Weigh In On Health Care Select Sector SPDR Fund

Several hedge funds and other institutional investors have recently bought and sold shares of XLV. TIAA Trust National Association boosted its stake in Health Care Select Sector SPDR Fund by 3.0% during the fourth quarter. TIAA Trust National Association now owns 23,768 shares of the exchange traded fund’s stock worth $3,270,000 after buying an additional 692 shares during the period. Ashton Thomas Securities LLC raised its holdings in Health Care Select Sector SPDR Fund by 16.6% during the fourth quarter. Ashton Thomas Securities LLC now owns 14,164 shares of the exchange traded fund’s stock worth $1,949,000 after purchasing an additional 2,013 shares in the last quarter. TD Asset Management Inc. raised its holdings in Health Care Select Sector SPDR Fund by 1.5% during the fourth quarter. TD Asset Management Inc. now owns 900,732 shares of the exchange traded fund’s stock worth $123,914,000 after purchasing an additional 13,196 shares in the last quarter. Modern Wealth Management LLC increased its holdings in shares of Health Care Select Sector SPDR Fund by 272.5% in the 4th quarter. Modern Wealth Management LLC now owns 8,415 shares of the exchange traded fund’s stock valued at $1,231,000 after acquiring an additional 6,156 shares during the period. Finally, Grantvest Financial Group LLC acquired a new position in shares of Health Care Select Sector SPDR Fund in the 4th quarter valued at $341,000.

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).