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

Health Care Select Sector SPDR Fund (NYSEARCA:XLV) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $147.09 and traded as low as $144.72. Health Care Select Sector SPDR Fund shares last traded at $146.77, with a volume of 6,017,282 shares changing hands.

Health Care Select Sector SPDR Fund Stock Up 1.3 %

The company has a market cap of $38.74 billion, a PE ratio of 29.25 and a beta of 0.68. The firm’s fifty day simple moving average is $145.33 and its 200-day simple moving average is $147.09.

Hedge Funds Weigh In On Health Care Select Sector SPDR Fund

Institutional investors and hedge funds have recently bought and sold shares of the stock. Stonebridge Financial Planning Group LLC increased its position in shares of Health Care Select Sector SPDR Fund by 0.4% in the third quarter. Stonebridge Financial Planning Group LLC now owns 18,823 shares of the exchange traded fund’s stock worth $2,899,000 after acquiring an additional 73 shares in the last quarter. Avior Wealth Management LLC increased its position in shares of Health Care Select Sector SPDR Fund by 13.4% in the third quarter. Avior Wealth Management LLC now owns 12,062 shares of the exchange traded fund’s stock worth $1,858,000 after acquiring an additional 1,427 shares in the last quarter. Thompson Davis & CO. Inc. acquired a new stake in shares of Health Care Select Sector SPDR Fund in the third quarter worth $455,000. Grant Street Asset Management Inc. increased its position in shares of Health Care Select Sector SPDR Fund by 25.8% in the third quarter. Grant Street Asset Management Inc. now owns 1,797 shares of the exchange traded fund’s stock worth $277,000 after acquiring an additional 368 shares in the last quarter. Finally, Tranquility Partners LLC increased its position in shares of Health Care Select Sector SPDR Fund by 6.0% in the third quarter. Tranquility Partners LLC now owns 1,631 shares of the exchange traded fund’s stock worth $251,000 after acquiring an additional 92 shares in the last quarter.

About Health Care Select Sector SPDR Fund

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).