Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Health Care Select Sector SPDR Fund (NYSEARCA:XLV) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $148.15 and traded as low as $140.18. Health Care Select Sector SPDR Fund shares last traded at $140.18, with a volume of 7,667,597 shares trading hands.

Health Care Select Sector SPDR Fund Stock Down 0.7 %

The firm has a 50 day moving average of $141.95 and a 200 day moving average of $148.15. The firm has a market cap of $37.94 billion, a price-to-earnings ratio of 23.82 and a beta of 0.55.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of XLV. Janney Montgomery Scott LLC purchased a new stake in Health Care Select Sector SPDR Fund in the third quarter worth $488,898,000. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Health Care Select Sector SPDR Fund by 94.6% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,180,000 shares of the exchange traded fund’s stock valued at $335,764,000 after buying an additional 1,060,000 shares during the period. LPL Financial LLC boosted its stake in Health Care Select Sector SPDR Fund by 10.1% during the third quarter. LPL Financial LLC now owns 6,671,871 shares of the exchange traded fund’s stock valued at $1,027,602,000 after buying an additional 611,534 shares during the period. Meitav Investment House Ltd. boosted its stake in Health Care Select Sector SPDR Fund by 18.2% during the third quarter. Meitav Investment House Ltd. now owns 1,944,071 shares of the exchange traded fund’s stock valued at $299,487,000 after buying an additional 299,448 shares during the period. Finally, Alaska Permanent Fund Corp lifted its stake in Health Care Select Sector SPDR Fund by 157.6% during the fourth quarter. Alaska Permanent Fund Corp now owns 469,906 shares of the exchange traded fund’s stock worth $64,645,000 after purchasing an additional 287,460 shares during the last quarter.

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).