Stock Traders Buy High Volume of Health Care Select Sector SPDR Fund Put Options (NYSEARCA:XLV)

Health Care Select Sector SPDR Fund (NYSEARCA:XLV) saw unusually large options trading on Tuesday. Investors acquired 42,452 put options on the stock. This is an increase of approximately 72% compared to the average volume of 24,616 put options.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Human Investing LLC bought a new stake in Health Care Select Sector SPDR Fund during the fourth quarter worth $26,000. Parvin Asset Management LLC acquired a new position in shares of Health Care Select Sector SPDR Fund during the 4th quarter worth $28,000. Pinney & Scofield Inc. acquired a new position in shares of Health Care Select Sector SPDR Fund during the 4th quarter worth $28,000. Roxbury Financial LLC bought a new stake in shares of Health Care Select Sector SPDR Fund during the 4th quarter worth $29,000. Finally, Morling Financial Advisors LLC acquired a new stake in Health Care Select Sector SPDR Fund in the fourth quarter valued at about $29,000.

Health Care Select Sector SPDR Fund Trading Up 1.1%

Shares of NYSEARCA:XLV opened at $135.68 on Wednesday. The stock has a market capitalization of $35.06 billion, a P/E ratio of 27.62 and a beta of 0.64. Health Care Select Sector SPDR Fund has a 1-year low of $127.35 and a 1-year high of $159.64. The business has a 50-day moving average price of $134.65 and a two-hundred day moving average price of $140.83.

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).