LPL Financial LLC Reduces Holdings in SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE)

LPL Financial LLC cut its stake in shares of SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) by 13.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 56,557 shares of the company’s stock after selling 8,962 shares during the quarter. LPL Financial LLC owned 2.63% of SPDR S&P Health Care Equipment ETF worth $4,649,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the stock. BNP Paribas Financial Markets purchased a new stake in SPDR S&P Health Care Equipment ETF in the 4th quarter worth approximately $4,426,000. Envestnet Asset Management Inc. lifted its holdings in SPDR S&P Health Care Equipment ETF by 222.0% in the 1st quarter. Envestnet Asset Management Inc. now owns 32,455 shares of the company’s stock worth $2,668,000 after buying an additional 22,376 shares during the period. Raymond James Financial Inc. purchased a new stake in SPDR S&P Health Care Equipment ETF in the 4th quarter worth approximately $1,380,000. Susquehanna International Group LLP lifted its holdings 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 buying an additional 7,104 shares during the period. Finally, Waverly Advisors LLC purchased a new stake in SPDR S&P Health Care Equipment ETF in the 4th quarter worth approximately $430,000.

SPDR S&P Health Care Equipment ETF Stock Performance

NYSEARCA XHE opened at $81.15 on Thursday. 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 stock has a 50 day simple moving average of $79.73 and a two-hundred day simple moving average of $82.33. The stock has a market cap of $162.30 million, a P/E ratio of 29.20 and a beta of 0.94.

SPDR S&P Health Care Equipment ETF Company 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.