JPMorgan Chase & Co. Boosts Holdings in SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE)

JPMorgan Chase & Co. raised its stake in shares of SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) by 1.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 101,541 shares of the company’s stock after purchasing an additional 1,480 shares during the period. JPMorgan Chase & Co. owned 3.33% of SPDR S&P Health Care Equipment ETF worth $9,190,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Jane Street Group LLC purchased a new position in shares of SPDR S&P Health Care Equipment ETF in the third quarter worth about $1,614,000. Flow Traders U.S. LLC purchased a new position in shares of SPDR S&P Health Care Equipment ETF in the third quarter worth about $583,000. First Heartland Consultants Inc. raised its stake in SPDR S&P Health Care Equipment ETF by 4.8% during the third quarter. First Heartland Consultants Inc. now owns 6,056 shares of the company’s stock worth $548,000 after purchasing an additional 278 shares during the period. Atria Investments Inc raised its stake in SPDR S&P Health Care Equipment ETF by 10.5% during the third quarter. Atria Investments Inc now owns 6,658 shares of the company’s stock worth $603,000 after purchasing an additional 631 shares during the period. Finally, Clear Creek Financial Management LLC raised its stake in SPDR S&P Health Care Equipment ETF by 2.1% during the third quarter. Clear Creek Financial Management LLC now owns 18,342 shares of the company’s stock worth $1,660,000 after purchasing an additional 383 shares during the period.

SPDR S&P Health Care Equipment ETF Price Performance

Shares of XHE stock opened at $90.70 on Tuesday. The firm’s 50-day moving average is $91.11 and its two-hundred day moving average is $88.51. SPDR S&P Health Care Equipment ETF has a 12 month low of $80.85 and a 12 month high of $94.61. The company has a market capitalization of $276.64 million, a PE ratio of 30.13 and a beta of 1.12.

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.