Royal Bank of Canada Grows Holdings in SPDR S&P Health Care Equipment ETF $XHE

Royal Bank of Canada raised its stake in SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) by 78.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 27,489 shares of the company’s stock after buying an additional 12,055 shares during the period. Royal Bank of Canada owned about 1.72% of SPDR S&P Health Care Equipment ETF worth $2,151,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Advisory Services Network LLC purchased a new position in shares of SPDR S&P Health Care Equipment ETF in the third quarter worth about $82,000. Quantum Private Wealth LLC purchased a new position in shares of SPDR S&P Health Care Equipment ETF in the fourth quarter valued at about $221,000. Vivaldi Capital Management LP raised its stake in shares of SPDR S&P Health Care Equipment ETF by 7.0% during the third quarter. Vivaldi Capital Management LP now owns 3,214 shares of the company’s stock valued at $253,000 after acquiring an additional 209 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of SPDR S&P Health Care Equipment ETF by 18.0% during the fourth quarter. Wells Fargo & Company MN now owns 5,023 shares of the company’s stock valued at $443,000 after acquiring an additional 768 shares during the last quarter. Finally, Wealthfront Advisers LLC boosted its holdings in shares of SPDR S&P Health Care Equipment ETF by 2.6% during the fourth quarter. Wealthfront Advisers LLC now owns 5,043 shares of the company’s stock worth $445,000 after purchasing an additional 127 shares during the period.

SPDR S&P Health Care Equipment ETF Price Performance

NYSEARCA XHE opened at $94.26 on Tuesday. The stock has a market capitalization of $164.96 million, a PE ratio of 29.20 and a beta of 0.95. SPDR S&P Health Care Equipment ETF has a 1 year low of $76.00 and a 1 year high of $96.00. The business’s 50-day moving average is $87.39 and its 200 day moving average is $83.86.

SPDR S&P Health Care Equipment ETF Company Profile

The SPDR S&P Health Care Equipment ETF (XHE) is an exchange-traded fund that mostly invests in health care equity. The fund tracks an equal-weighted index of U.S. health care equipment and supplies companies. XHE was launched on Jan 26, 2011 and is managed by State Street.