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

Shares of Health Care Select Sector SPDR Fund (NYSEARCA:XLV) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $148.81 and traded as low as $148.21. Health Care Select Sector SPDR Fund shares last traded at $149.11, with a volume of 9,360,752 shares.

Health Care Select Sector SPDR Fund Trading Up 0.7 %

The company has a market capitalization of $40.35 billion, a price-to-earnings ratio of 23.82 and a beta of 0.55. The stock has a 50-day simple moving average of $152.86 and a 200-day simple moving average of $148.81.

Institutional Trading of Health Care Select Sector SPDR Fund

Institutional investors have recently added to or reduced their stakes in the stock. Rakuten Securities Inc. lifted its holdings in Health Care Select Sector SPDR Fund by 8,150.0% during the 3rd quarter. Rakuten Securities Inc. now owns 165 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 163 shares during the last quarter. CarsonAllaria Wealth Management Ltd. bought a new position in Health Care Select Sector SPDR Fund during the third quarter worth $32,000. Baldwin Brothers LLC MA increased its stake in Health Care Select Sector SPDR Fund by 140.0% during the second quarter. Baldwin Brothers LLC MA now owns 240 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 140 shares during the last quarter. Hara Capital LLC bought a new stake in Health Care Select Sector SPDR Fund during the third quarter valued at $39,000. Finally, Richardson Financial Services Inc. lifted its position in shares of Health Care Select Sector SPDR Fund by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 284 shares of the exchange traded fund’s stock worth $43,000 after buying an additional 142 shares during the last quarter.

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).