Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Stock Passes Below 200-Day Moving Average – What’s Next?

Posted by Trevor Kearing on Feb 20th, 2025

Health Care Select Sector SPDR Fund (NYSEARCA:XLV – Get Free Report)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $147.74 and traded as low as $144.50. Health Care Select Sector SPDR Fund shares last traded at $146.40, with a volume of 6,295,866 shares changing hands.

Health Care Select Sector SPDR Fund Stock Up 1.3 %

The company has a market cap of $39.62 billion, a PE ratio of 23.82 and a beta of 0.55. The company has a 50-day moving average of $142.08 and a 200-day moving average of $147.74.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. LPL Financial LLC raised its stake in shares of Health Care Select Sector SPDR Fund by 1.1% in the fourth quarter. LPL Financial LLC now owns 6,743,466 shares of the exchange traded fund’s stock valued at $927,699,000 after buying an additional 71,595 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Health Care Select Sector SPDR Fund in the fourth quarter valued at $828,123,000. Janney Montgomery Scott LLC raised its stake in shares of Health Care Select Sector SPDR Fund by 8.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 3,433,937 shares of the exchange traded fund’s stock valued at $472,407,000 after buying an additional 259,687 shares during the period. Caisse DE Depot ET Placement DU Quebec bought a new stake in shares of Health Care Select Sector SPDR Fund during the 4th quarter valued at $472,282,000. Finally, Truist Financial Corp raised its stake in shares of Health Care Select Sector SPDR Fund by 9.6% during the 4th quarter. Truist Financial Corp now owns 3,093,349 shares of the exchange traded fund’s stock valued at $425,552,000 after purchasing an additional 271,779 shares during the period.

About Health Care Select Sector SPDR Fund

(Get Free Report)

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).