Mercer Global Advisors Inc. ADV Sells 197 Shares of SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE)

Mercer Global Advisors Inc. ADV reduced its holdings in SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) by 7.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,540 shares of the company’s stock after selling 197 shares during the quarter. Mercer Global Advisors Inc. ADV owned 0.08% of SPDR S&P Health Care Equipment ETF worth $225,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of XHE. Modern Wealth Management LLC acquired a new position in SPDR S&P Health Care Equipment ETF in the 4th quarter worth $1,457,000. Raymond James Financial Inc. acquired a new position in SPDR S&P Health Care Equipment ETF in the 4th quarter worth $1,380,000. Wealthfront Advisers LLC boosted its stake in SPDR S&P Health Care Equipment ETF by 381.0% in the 4th quarter. Wealthfront Advisers LLC now owns 19,149 shares of the company’s stock worth $1,695,000 after purchasing an additional 15,168 shares during the period. Susquehanna International Group LLP boosted its stake in SPDR S&P Health Care Equipment ETF by 43.5% in the 4th quarter. Susquehanna International Group LLP now owns 23,452 shares of the company’s stock worth $2,076,000 after purchasing an additional 7,104 shares during the period. Finally, Janney Montgomery Scott LLC acquired a new position in SPDR S&P Health Care Equipment ETF in the 4th quarter worth $228,000.

SPDR S&P Health Care Equipment ETF Price Performance

SPDR S&P Health Care Equipment ETF stock opened at $83.73 on Friday. The firm has a 50-day moving average of $79.64 and a 200-day moving average of $87.17. SPDR S&P Health Care Equipment ETF has a one year low of $71.25 and a one year high of $97.10. The company has a market cap of $178.34 million, a price-to-earnings ratio of 32.57 and a beta of 1.01.

SPDR S&P Health Care Equipment ETF Profile

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.