Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Stock Price Passes Below 200 Day Moving Average – What’s Next?

Shares of Health Care Select Sector SPDR Fund (NYSEARCA:XLV) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $148.08 and traded as low as $146.48. Health Care Select Sector SPDR Fund shares last traded at $146.52, with a volume of 9,671,625 shares trading hands.

Health Care Select Sector SPDR Fund Price Performance

The stock has a 50-day moving average price of $141.73 and a 200-day moving average price of $148.08. The company has a market capitalization of $39.65 billion, a P/E ratio of 23.82 and a beta of 0.55.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of XLV. Creative Planning increased its holdings in Health Care Select Sector SPDR Fund by 6.1% in the second quarter. Creative Planning now owns 96,672 shares of the exchange traded fund’s stock worth $14,090,000 after purchasing an additional 5,533 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Health Care Select Sector SPDR Fund by 2.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 12,054 shares of the exchange traded fund’s stock valued at $1,757,000 after acquiring an additional 277 shares during the period. Invst LLC lifted its position in shares of Health Care Select Sector SPDR Fund by 6.1% during the 2nd quarter. Invst LLC now owns 3,136 shares of the exchange traded fund’s stock valued at $454,000 after acquiring an additional 180 shares during the period. Founders Financial Alliance LLC boosted its stake in Health Care Select Sector SPDR Fund by 25.1% during the second quarter. Founders Financial Alliance LLC now owns 2,006 shares of the exchange traded fund’s stock worth $292,000 after acquiring an additional 403 shares in the last quarter. Finally, New Wave Wealth Advisors LLC acquired a new stake in Health Care Select Sector SPDR Fund in the second quarter worth $2,794,000.

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).