15,596 Shares in SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new stake in SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 15,596 shares of the company’s stock, valued at approximately $1,380,000. Raymond James Financial Inc. owned 0.51% of SPDR S&P Health Care Equipment ETF at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of XHE. Pacific Sun Financial Corp raised its stake in shares of SPDR S&P Health Care Equipment ETF by 3.0% in the fourth quarter. Pacific Sun Financial Corp now owns 13,549 shares of the company’s stock valued at $1,199,000 after acquiring an additional 398 shares during the last quarter. Jones Financial Companies Lllp raised its position in SPDR S&P Health Care Equipment ETF by 34.8% in the 4th quarter. Jones Financial Companies Lllp now owns 1,616 shares of the company’s stock valued at $143,000 after purchasing an additional 417 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in SPDR S&P Health Care Equipment ETF by 1.5% in the third quarter. JPMorgan Chase & Co. now owns 101,541 shares of the company’s stock worth $9,190,000 after purchasing an additional 1,480 shares in the last quarter. Sherman Asset Management Inc. bought a new stake in shares of SPDR S&P Health Care Equipment ETF during the fourth quarter worth $154,000. Finally, Janney Montgomery Scott LLC bought a new stake in shares of SPDR S&P Health Care Equipment ETF during the fourth quarter worth $228,000.

SPDR S&P Health Care Equipment ETF Stock Up 1.5 %

SPDR S&P Health Care Equipment ETF stock opened at $83.00 on Thursday. The stock has a 50-day simple moving average of $88.57 and a 200 day simple moving average of $89.58. The stock has a market capitalization of $176.79 million, a price-to-earnings ratio of 31.01 and a beta of 1.05. SPDR S&P Health Care Equipment ETF has a 12-month low of $80.71 and a 12-month high of $97.10.

About SPDR S&P Health Care Equipment ETF

The SPDR S&P Health Care Equipment ETF (XHE) is an exchange-traded fund that mostly invests in health care equity. The fund tracks an equal-weighted index of U.S. health care equipment and supplies companies. XHE was launched on Jan 26, 2011 and is managed by State Street.