Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Sets New 1-Year High – Here’s What Happened

Health Care Select Sector SPDR Fund (NYSEARCA:XLV)’s stock price reached a new 52-week high during trading on Friday . The stock traded as high as $160.64 and last traded at $160.34, with a volume of 16402269 shares traded. The stock had previously closed at $155.63.

Health Care Select Sector SPDR Fund Stock Performance

The company has a market cap of $42.03 billion, a price-to-earnings ratio of 21.15 and a beta of 0.58. The stock’s fifty day moving average is $148.71 and its two-hundred day moving average is $151.86.

Institutional Trading of Health Care Select Sector SPDR Fund

Several institutional investors and hedge funds have recently modified their holdings of the stock. Vilga Financial Planning LLC raised its position in Health Care Select Sector SPDR Fund by 6.1% in the 1st quarter. Vilga Financial Planning LLC now owns 5,286 shares of the exchange traded fund’s stock valued at $775,000 after buying an additional 306 shares during the last quarter. S&A Financial Services Inc. purchased a new position in Health Care Select Sector SPDR Fund during the 1st quarter worth $1,094,000. Farmers National Bank boosted its holdings in Health Care Select Sector SPDR Fund by 6.4% during the 1st quarter. Farmers National Bank now owns 1,845 shares of the exchange traded fund’s stock worth $270,000 after acquiring an additional 111 shares during the last quarter. DV Trading LLC grew its stake in shares of Health Care Select Sector SPDR Fund by 6,206.7% in the 1st quarter. DV Trading LLC now owns 18,920 shares of the exchange traded fund’s stock worth $2,774,000 after acquiring an additional 18,620 shares in the last quarter. Finally, Parallel Advisors LLC grew its stake in shares of Health Care Select Sector SPDR Fund by 39.8% in the 1st quarter. Parallel Advisors LLC now owns 6,937 shares of the exchange traded fund’s stock worth $1,017,000 after acquiring an additional 1,976 shares in 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). 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.