Raymond James Financial Inc. Buys Shares of 15,596 SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE)

Raymond James Financial Inc. purchased a new position in SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 15,596 shares of the company’s stock, valued at approximately $1,380,000. Raymond James Financial Inc. owned approximately 0.51% of SPDR S&P Health Care Equipment ETF at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Jones Financial Companies Lllp lifted its position in SPDR S&P Health Care Equipment ETF by 34.8% in the 4th quarter. Jones Financial Companies Lllp now owns 1,616 shares of the company’s stock worth $143,000 after buying an additional 417 shares in the last quarter. Sherman Asset Management Inc. purchased a new stake in shares of SPDR S&P Health Care Equipment ETF during the fourth quarter worth $154,000. Janney Montgomery Scott LLC acquired a new stake in SPDR S&P Health Care Equipment ETF during the fourth quarter valued at $228,000. Bank of Montreal Can grew its stake in SPDR S&P Health Care Equipment ETF by 22.5% in the fourth quarter. Bank of Montreal Can now owns 6,296 shares of the company’s stock valued at $557,000 after purchasing an additional 1,156 shares in the last quarter. Finally, Pacific Sun Financial Corp grew its stake in SPDR S&P Health Care Equipment ETF by 3.0% in the fourth quarter. Pacific Sun Financial Corp now owns 13,549 shares of the company’s stock valued at $1,199,000 after purchasing an additional 398 shares in the last quarter.

SPDR S&P Health Care Equipment ETF Price Performance

XHE opened at $80.46 on Friday. The company has a market capitalization of $172.99 million, a PE ratio of 29.04 and a beta of 1.05. SPDR S&P Health Care Equipment ETF has a fifty-two week low of $71.25 and a fifty-two week high of $97.10. The business has a 50-day moving average of $80.73 and a 200-day moving average of $87.60.

About SPDR S&P Health Care Equipment ETF

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.