Private Advisor Group LLC decreased its stake in shares of Health Care SPDR (NYSEARCA:XLV) by 60.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 61,799 shares of the exchange traded fund’s stock after selling 94,851 shares during the quarter. Private Advisor Group LLC’s holdings in Health Care SPDR were worth $5,104,000 at the end of the most recent reporting period.
A number of other institutional investors also recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its position in Health Care SPDR by 33.6% during the third quarter. JPMorgan Chase & Co. now owns 7,104,872 shares of the exchange traded fund’s stock worth $577,269,000 after buying an additional 1,786,387 shares in the last quarter. Swan Global Investments LLC raised its position in Health Care SPDR by 6.0% in the third quarter. Swan Global Investments LLC now owns 4,973,887 shares of the exchange traded fund’s stock valued at $404,128,000 after purchasing an additional 280,357 shares during the period. Ameriprise Financial Inc. raised its position in Health Care SPDR by 6.5% in the third quarter. Ameriprise Financial Inc. now owns 2,556,515 shares of the exchange traded fund’s stock valued at $208,846,000 after purchasing an additional 156,306 shares during the period. State Street Corp raised its position in Health Care SPDR by 937.9% in the second quarter. State Street Corp now owns 1,785,625 shares of the exchange traded fund’s stock valued at $141,492,000 after purchasing an additional 1,613,582 shares during the period. Finally, Janney Montgomery Scott LLC raised its position in Health Care SPDR by 14.2% in the third quarter. Janney Montgomery Scott LLC now owns 1,679,910 shares of the exchange traded fund’s stock valued at $137,299,000 after purchasing an additional 208,955 shares during the period.
Health Care SPDR (XLV) traded up $0.57 during trading hours on Thursday, reaching $85.28. The company’s stock had a trading volume of 2,140,000 shares. The stock has a market capitalization of $16,070.00 and a P/E ratio of 6.60. Health Care SPDR has a 12 month low of $72.33 and a 12 month high of $91.79.
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Health Care SPDR 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).
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