Cetera Investment Advisers Trims Stake in SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE)

Cetera Investment Advisers cut its stake in SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) by 19.7% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 20,317 shares of the company’s stock after selling 4,970 shares during the quarter. Cetera Investment Advisers’ holdings in SPDR S&P Health Care Equipment ETF were worth $1,715,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of XHE. Fortis Group Advisors LLC purchased a new position in SPDR S&P Health Care Equipment ETF during the first quarter valued at $408,000. Atria Wealth Solutions Inc. increased its stake in shares of SPDR S&P Health Care Equipment ETF by 7.3% in 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. Clear Creek Financial Management LLC lifted its position in SPDR S&P Health Care Equipment ETF by 1.8% during the 2nd quarter. Clear Creek Financial Management LLC now owns 17,959 shares of the company’s stock valued at $1,516,000 after acquiring an additional 310 shares during the period. First Heartland Consultants Inc. boosted its stake in 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 worth $488,000 after acquiring an additional 1,983 shares in the last quarter. Finally, Bank of Montreal Can boosted 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.

SPDR S&P Health Care Equipment ETF Stock Performance

Shares of NYSEARCA XHE opened at $87.79 on Tuesday. The company has a 50 day simple moving average of $87.73 and a two-hundred day simple moving average of $86.02. SPDR S&P Health Care Equipment ETF has a fifty-two week low of $66.20 and a fifty-two week high of $91.47. The company has a market capitalization of $267.76 million, a price-to-earnings 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.