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

Health Care Select Sector SPDR Fund (NYSEARCA:XLV) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $148.27 and traded as low as $139.36. Health Care Select Sector SPDR Fund shares last traded at $139.64, with a volume of 10,343,164 shares.

Health Care Select Sector SPDR Fund Trading Down 0.6 %

The stock has a fifty day simple moving average of $142.73 and a 200-day simple moving average of $148.28. The stock has a market cap of $37.79 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

Several hedge funds have recently bought and sold shares of XLV. Rakuten Securities Inc. raised its stake in shares of Health Care Select Sector SPDR Fund by 8,150.0% during the third quarter. Rakuten Securities Inc. now owns 165 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 163 shares during the last quarter. CarsonAllaria Wealth Management Ltd. bought a new stake in shares of Health Care Select Sector SPDR Fund in the 3rd quarter valued at $32,000. Legacy Investment Solutions LLC bought a new stake in Health Care Select Sector SPDR Fund in the third quarter valued at $32,000. Hara Capital LLC bought a new position in shares of Health Care Select Sector SPDR Fund during the 3rd quarter worth about $39,000. Finally, Richardson Financial Services Inc. grew its stake in shares of Health Care Select Sector SPDR Fund by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 284 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 142 shares during the period.

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).