Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

Health Care Select Sector SPDR Fund (NYSEARCA:XLV) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $148.97 and traded as low as $138.04. Health Care Select Sector SPDR Fund shares last traded at $139.32, with a volume of 3,139,251 shares traded.

Health Care Select Sector SPDR Fund Price Performance

The firm has a market capitalization of $37.70 billion, a PE ratio of 23.82 and a beta of 0.55. The company has a 50-day moving average price of $145.60 and a 200-day moving average price of $148.97.

Institutional Trading of Health Care Select Sector SPDR Fund

A number of institutional investors have recently modified their holdings of the company. Rakuten Securities Inc. lifted its position in shares of Health Care Select Sector SPDR Fund by 8,150.0% during the third quarter. Rakuten Securities Inc. now owns 165 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 163 shares in the last quarter. CarsonAllaria Wealth Management Ltd. bought a new stake in shares of Health Care Select Sector SPDR Fund during the third quarter valued at approximately $32,000. Legacy Investment Solutions LLC bought a new position in shares of Health Care Select Sector SPDR Fund in the third quarter worth $32,000. Hara Capital LLC acquired a new stake in Health Care Select Sector SPDR Fund in the third quarter worth approximately $39,000. Finally, Richardson Financial Services Inc. grew its position in Health Care Select Sector SPDR Fund by 100.0% in the third 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.

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).