Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Health Care Select Sector SPDR Fund (NYSEARCA:XLV) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $148.15 and traded as low as $140.18. Health Care Select Sector SPDR Fund shares last traded at $140.18, with a volume of 7,667,597 shares changing hands.

Health Care Select Sector SPDR Fund Trading Down 0.2 %

The company’s fifty day moving average is $141.68 and its two-hundred day moving average is $148.12. The stock has a market cap of $38.48 billion, a price-to-earnings ratio of 23.82 and a beta of 0.55.

Institutional Investors Weigh In On Health Care Select Sector SPDR Fund

A number of hedge funds have recently added to or reduced their stakes in the business. Mayflower Financial Advisors LLC purchased a new stake in Health Care Select Sector SPDR Fund during the 4th quarter worth about $446,000. Denver Wealth Management Inc. increased its stake in shares of Health Care Select Sector SPDR Fund by 2.2% during the fourth quarter. Denver Wealth Management Inc. now owns 35,163 shares of the exchange traded fund’s stock worth $4,837,000 after buying an additional 748 shares during the period. Tamar Securities LLC raised its holdings in Health Care Select Sector SPDR Fund by 5.4% in the fourth quarter. Tamar Securities LLC now owns 73,504 shares of the exchange traded fund’s stock valued at $10,112,000 after acquiring an additional 3,737 shares in the last quarter. Prospect Financial Services LLC raised its holdings in Health Care Select Sector SPDR Fund by 42.1% in the fourth quarter. Prospect Financial Services LLC now owns 10,993 shares of the exchange traded fund’s stock valued at $1,512,000 after acquiring an additional 3,256 shares in the last quarter. Finally, KFA Private Wealth Group LLC lifted its stake in Health Care Select Sector SPDR Fund by 11.7% in the fourth quarter. KFA Private Wealth Group LLC now owns 5,242 shares of the exchange traded fund’s stock worth $721,000 after acquiring an additional 548 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).