Health Care Select Sector SPDR Fund Target of Unusually High Options Trading (NYSEARCA:XLV)

Health Care Select Sector SPDR Fund (NYSEARCA:XLV) saw unusually large options trading activity on Monday. Stock investors bought 21,699 call options on the company. This is an increase of approximately 51% compared to the average daily volume of 14,380 call options.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. Principle Wealth Partners LLC boosted its holdings in Health Care Select Sector SPDR Fund by 0.3% in the fourth quarter. Principle Wealth Partners LLC now owns 20,489 shares of the exchange traded fund’s stock worth $3,172,000 after acquiring an additional 64 shares in the last quarter. Cambria Investment Management L.P. raised its position in shares of Health Care Select Sector SPDR Fund by 1.5% in the 3rd quarter. Cambria Investment Management L.P. now owns 4,597 shares of the exchange traded fund’s stock valued at $640,000 after purchasing an additional 66 shares during the last quarter. Southeast Asset Advisors LLC raised its position in shares of Health Care Select Sector SPDR Fund by 3.9% in the 4th quarter. Southeast Asset Advisors LLC now owns 1,756 shares of the exchange traded fund’s stock valued at $272,000 after purchasing an additional 66 shares during the last quarter. Thompson Davis & CO. Inc. boosted its stake in Health Care Select Sector SPDR Fund by 3.0% in the 4th quarter. Thompson Davis & CO. Inc. now owns 2,334 shares of the exchange traded fund’s stock worth $361,000 after purchasing an additional 67 shares in the last quarter. Finally, Paragon Capital Management Ltd boosted its stake in Health Care Select Sector SPDR Fund by 3.9% in the 4th quarter. Paragon Capital Management Ltd now owns 1,791 shares of the exchange traded fund’s stock worth $277,000 after purchasing an additional 68 shares in the last quarter.

Health Care Select Sector SPDR Fund Stock Performance

Health Care Select Sector SPDR Fund stock traded up $0.60 during mid-day trading on Monday, reaching $150.00. 7,493,347 shares of the company were exchanged, compared to its average volume of 12,461,801. The business has a fifty day moving average of $148.10 and a 200 day moving average of $151.84. The firm has a market cap of $39.32 billion, a P/E ratio of 21.15 and a beta of 0.58. Health Care Select Sector SPDR Fund has a 12-month low of $127.96 and a 12-month high of $160.59.

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). The Health Care Select Sector Index includes companies from the industries, such as pharmaceuticals, healthcare providers and services, healthcare equipment and supplies, biotechnology, life sciences tools and services, and healthcare technology.