Truist Financial Corp Cuts Stock Holdings in SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE)

Truist Financial Corp lowered its position in SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) by 14.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,384 shares of the company’s stock after selling 404 shares during the period. Truist Financial Corp owned about 0.08% of SPDR S&P Health Care Equipment ETF worth $201,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Clear Creek Financial Management LLC increased its holdings in shares of SPDR S&P Health Care Equipment ETF by 1.8% in the 2nd quarter. Clear Creek Financial Management LLC now owns 17,959 shares of the company’s stock valued at $1,516,000 after purchasing an additional 310 shares in the last quarter. Atria Wealth Solutions Inc. boosted its stake in shares of SPDR S&P Health Care Equipment ETF by 7.3% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 27,885 shares of the company’s stock worth $2,354,000 after acquiring an additional 1,905 shares in the last quarter. Bank of Montreal Can grew its holdings in shares of SPDR S&P Health Care Equipment ETF by 49.6% in the 2nd 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 during the period. First Heartland Consultants Inc. increased its stake in SPDR S&P Health Care Equipment ETF by 52.3% in the 2nd quarter. First Heartland Consultants Inc. now owns 5,778 shares of the company’s stock valued at $488,000 after purchasing an additional 1,983 shares in the last quarter. Finally, Fortis Group Advisors LLC acquired a new position in SPDR S&P Health Care Equipment ETF during the first quarter worth $408,000.

SPDR S&P Health Care Equipment ETF Stock Performance

XHE opened at $88.69 on Friday. SPDR S&P Health Care Equipment ETF has a one year low of $66.20 and a one year high of $91.47. The company has a market cap of $270.51 million, a price-to-earnings ratio of 30.13 and a beta of 1.12. The business’s fifty day moving average is $88.07 and its two-hundred day moving average is $86.08.

SPDR S&P Health Care Equipment ETF 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.