Traders Purchase High Volume of Health Care Select Sector SPDR Fund Call Options (NYSEARCA:XLV)

Health Care Select Sector SPDR Fund (NYSEARCA:XLV) saw unusually large options trading activity on Wednesday. Investors acquired 33,414 call options on the company. This is an increase of 90% compared to the average daily volume of 17,581 call options.

Health Care Select Sector SPDR Fund Stock Performance

NYSEARCA:XLV opened at $137.32 on Thursday. The company has a market cap of $37.16 billion, a price-to-earnings ratio of 23.82 and a beta of 0.55. The stock’s fifty day moving average price is $146.84 and its two-hundred day moving average price is $149.16. Health Care Select Sector SPDR Fund has a 52-week low of $132.72 and a 52-week high of $159.64.

Hedge Funds Weigh In On Health Care Select Sector SPDR Fund

Large investors have recently made changes to their positions in the company. Avitas Wealth Management LLC grew its holdings in Health Care Select Sector SPDR Fund by 0.4% during the 2nd quarter. Avitas Wealth Management LLC now owns 16,878 shares of the exchange traded fund’s stock worth $2,460,000 after acquiring an additional 74 shares during the period. Advisory Resource Group boosted its position in shares of Health Care Select Sector SPDR Fund by 9.1% in the 2nd quarter. Advisory Resource Group now owns 10,970 shares of the exchange traded fund’s stock worth $1,599,000 after purchasing an additional 919 shares during the last quarter. GYL Financial Synergies LLC grew its stake in shares of Health Care Select Sector SPDR Fund by 58.5% during the second quarter. GYL Financial Synergies LLC now owns 9,754 shares of the exchange traded fund’s stock worth $1,422,000 after purchasing an additional 3,601 shares during the period. Fifth Third Wealth Advisors LLC increased its holdings in Health Care Select Sector SPDR Fund by 12.3% in the second quarter. Fifth Third Wealth Advisors LLC now owns 2,492 shares of the exchange traded fund’s stock valued at $363,000 after purchasing an additional 273 shares during the last quarter. Finally, Private Wealth Advisors LLC lifted its stake in Health Care Select Sector SPDR Fund by 23.2% in the second quarter. Private Wealth Advisors LLC now owns 100,638 shares of the exchange traded fund’s stock valued at $14,586,000 after buying an additional 18,960 shares during the period.

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).