Northwestern Mutual Wealth Management Co. Has $1.91 Million Holdings in SPDR S&P Health Care Equipment ETF $XHE

Northwestern Mutual Wealth Management Co. increased its stake in SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) by 3,880.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 21,613 shares of the company’s stock after purchasing an additional 21,070 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in SPDR S&P Health Care Equipment ETF were worth $1,907,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC boosted its stake in SPDR S&P Health Care Equipment ETF by 310.9% in the 4th quarter. Sound Income Strategies LLC now owns 452 shares of the company’s stock worth $40,000 after purchasing an additional 342 shares during the period. Advisory Services Network LLC acquired a new position in SPDR S&P Health Care Equipment ETF in the 3rd quarter worth $82,000. Capital Investment Advisory Services LLC boosted its stake in SPDR S&P Health Care Equipment ETF by 34.1% in the 3rd quarter. Capital Investment Advisory Services LLC now owns 1,180 shares of the company’s stock worth $93,000 after purchasing an additional 300 shares during the period. Vivaldi Capital Management LP boosted its stake in SPDR S&P Health Care Equipment ETF by 7.0% in the 3rd quarter. Vivaldi Capital Management LP now owns 3,214 shares of the company’s stock worth $253,000 after purchasing an additional 209 shares during the period. Finally, Wealthfront Advisers LLC boosted its stake in SPDR S&P Health Care Equipment ETF by 57.9% in the 3rd quarter. Wealthfront Advisers LLC now owns 4,916 shares of the company’s stock worth $387,000 after purchasing an additional 1,803 shares during the period.

SPDR S&P Health Care Equipment ETF Trading Down 1.9%

Shares of NYSEARCA XHE opened at $79.67 on Thursday. The firm has a market cap of $127.47 million, a PE ratio of 29.20 and a beta of 0.99. SPDR S&P Health Care Equipment ETF has a 1-year low of $75.63 and a 1-year high of $93.62. The company has a fifty day moving average price of $80.11 and a 200 day moving average price of $84.52.

SPDR S&P Health Care Equipment ETF 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.