Health Care Select Sector SPDR ETF (XLV) Shares Bought by Moors & Cabot Inc.

Moors & Cabot Inc. increased its stake in shares of Health Care Select Sector SPDR ETF (NYSEARCA:XLV) by 32.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,636 shares of the exchange traded fund’s stock after acquiring an additional 1,386 shares during the quarter. Moors & Cabot Inc.’s holdings in Health Care Select Sector SPDR ETF were worth $460,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of XLV. Leonetti & Associates LLC acquired a new position in Health Care Select Sector SPDR ETF during the second quarter worth $9,362,000. Synovus Financial Corp raised its holdings in Health Care Select Sector SPDR ETF by 31.8% during the second quarter. Synovus Financial Corp now owns 23,068 shares of the exchange traded fund’s stock worth $1,830,000 after buying an additional 5,564 shares during the last quarter. Thai Life Insurance PCL. acquired a new position in Health Care Select Sector SPDR ETF during the second quarter worth $2,139,000. JPMorgan Chase & Co. raised its holdings in Health Care Select Sector SPDR ETF by 1.0% during the second quarter. JPMorgan Chase & Co. now owns 5,318,485 shares of the exchange traded fund’s stock worth $421,437,000 after buying an additional 54,138 shares during the last quarter. Finally, Summit Securities Group LLC acquired a new position in Health Care Select Sector SPDR ETF during the third quarter worth $425,000.

Health Care Select Sector SPDR ETF (NYSEARCA:XLV) traded up $0.58 on Friday, reaching $83.71. 8,012,239 shares of the company’s stock traded hands, compared to its average volume of 7,379,427. Health Care Select Sector SPDR ETF has a 1 year low of $68.48 and a 1 year high of $84.31.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 26th. Shareholders of record on Monday, December 18th will be issued a dividend of $0.3306 per share. This is an increase from Health Care Select Sector SPDR ETF’s previous quarterly dividend of $0.30. The ex-dividend date is Friday, December 15th. This represents a $1.32 annualized dividend and a yield of 1.58%. Health Care Select Sector SPDR ETF’s dividend payout ratio is presently 9.21%.

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About Health Care Select Sector SPDR ETF

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).

Institutional Ownership by Quarter for Health Care Select Sector SPDR ETF (NYSEARCA:XLV)

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