Raymond James Financial Inc. Purchases Shares of 21,677 SPDR S&P Health Care Services ETF (NYSEARCA:XHS)

Raymond James Financial Inc. acquired a new stake in shares of SPDR S&P Health Care Services ETF (NYSEARCA:XHSFree Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 21,677 shares of the company’s stock, valued at approximately $1,955,000. Raymond James Financial Inc. owned about 2.38% of SPDR S&P Health Care Services ETF as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Stifel Financial Corp purchased a new stake in SPDR S&P Health Care Services ETF during the third quarter worth $291,000. D.A. Davidson & CO. acquired a new position in shares of SPDR S&P Health Care Services ETF in the third quarter worth about $238,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of SPDR S&P Health Care Services ETF by 726.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,000 shares of the company’s stock worth $97,000 after acquiring an additional 879 shares in the last quarter.

SPDR S&P Health Care Services ETF Stock Up 0.7 %

NYSEARCA:XHS opened at $98.12 on Tuesday. SPDR S&P Health Care Services ETF has a 52 week low of $86.13 and a 52 week high of $103.50. The stock’s 50-day moving average price is $98.90 and its 200-day moving average price is $96.16. The stock has a market capitalization of $88.31 million, a PE ratio of 20.94 and a beta of 1.03.

SPDR S&P Health Care Services ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were given a $0.0446 dividend. The ex-dividend date was Monday, March 24th.

About SPDR S&P Health Care Services ETF

(Free Report)

The SPDR S&P Health Care Services ETF (XHS) is an exchange-traded fund that mostly invests in health care equity. The fund tracks an equal-weighted index of US health care services companies, as defined by GICS. XHS was launched on Sep 28, 2011 and is managed by State Street.

Read More

Want to see what other hedge funds are holding XHS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Health Care Services ETF (NYSEARCA:XHSFree Report).

Institutional Ownership by Quarter for SPDR S&P Health Care Services ETF (NYSEARCA:XHS)

Receive News & Ratings for SPDR S&P Health Care Services ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Health Care Services ETF and related companies with MarketBeat.com's FREE daily email newsletter.