Northeast Financial Consultants Inc Has $997,000 Position in SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE)

Northeast Financial Consultants Inc lessened its holdings in SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) by 15.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,815 shares of the company’s stock after selling 2,210 shares during the period. Northeast Financial Consultants Inc owned approximately 0.39% of SPDR S&P Health Care Equipment ETF worth $997,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Livelsberger Financial Advisory bought a new stake in shares of SPDR S&P Health Care Equipment ETF in the 4th quarter valued at approximately $78,000. Fortis Group Advisors LLC bought a new stake in SPDR S&P Health Care Equipment ETF in the first quarter valued at $408,000. Bank of Montreal Can raised its stake in SPDR S&P Health Care Equipment ETF by 49.6% during the second quarter. Bank of Montreal Can now owns 5,749 shares of the company’s stock worth $485,000 after acquiring an additional 1,907 shares in the last quarter. First Heartland Consultants Inc. lifted its holdings in shares of SPDR S&P Health Care Equipment ETF by 52.3% during the second quarter. First Heartland Consultants Inc. now owns 5,778 shares of the company’s stock valued at $488,000 after acquiring an additional 1,983 shares during the period. Finally, Clear Creek Financial Management LLC boosted its stake in shares of SPDR S&P Health Care Equipment ETF by 370.1% in the 1st quarter. Clear Creek Financial Management LLC now owns 17,649 shares of the company’s stock valued at $1,552,000 after purchasing an additional 13,895 shares in the last quarter.

SPDR S&P Health Care Equipment ETF Stock Performance

XHE opened at $89.84 on Friday. SPDR S&P Health Care Equipment ETF has a twelve month low of $66.20 and a twelve month high of $91.47. The firm has a market cap of $274.01 million, a price-to-earnings ratio of 30.13 and a beta of 1.12. The firm’s 50-day simple moving average is $87.38 and its 200-day simple moving average is $85.81.

SPDR S&P Health Care Equipment ETF Company Profile

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.