Health Care Select Sector SPDR Fund Target of Unusually Large Options Trading (NYSEARCA:XLV)

Health Care Select Sector SPDR Fund (NYSEARCA:XLV) was the target of unusually large options trading activity on Wednesday. Traders purchased 27,150 call options on the stock. This represents an increase of 27% compared to the typical daily volume of 21,442 call options.

Institutional Trading of Health Care Select Sector SPDR Fund

Several institutional investors and hedge funds have recently bought and sold shares of XLV. Kingstone Capital Partners Texas LLC lifted its stake in Health Care Select Sector SPDR Fund by 559,865.8% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 71,166,053 shares of the exchange traded fund’s stock worth $9,870,296,000 after purchasing an additional 71,153,344 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Health Care Select Sector SPDR Fund by 16.0% in the 1st quarter. JPMorgan Chase & Co. now owns 12,681,479 shares of the exchange traded fund’s stock worth $1,851,643,000 after buying an additional 1,750,223 shares during the last quarter. State Street Corp increased its holdings in shares of Health Care Select Sector SPDR Fund by 897.6% in the 2nd quarter. State Street Corp now owns 1,325,623 shares of the exchange traded fund’s stock worth $178,681,000 after buying an additional 1,192,747 shares during the last quarter. Voya Investment Management LLC bought a new position in shares of Health Care Select Sector SPDR Fund in the 1st quarter worth $173,281,000. Finally, Main Management ETF Advisors LLC increased its holdings in shares of Health Care Select Sector SPDR Fund by 202.9% in the 2nd quarter. Main Management ETF Advisors LLC now owns 1,453,052 shares of the exchange traded fund’s stock worth $195,857,000 after buying an additional 973,307 shares during the last quarter.

Health Care Select Sector SPDR Fund Price Performance

NYSEARCA XLV opened at $145.96 on Thursday. Health Care Select Sector SPDR Fund has a 1 year low of $127.35 and a 1 year high of $151.01. The stock has a market capitalization of $36.83 billion, a PE ratio of 21.15 and a beta of 0.70. The company’s 50 day simple moving average is $139.16 and its two-hundred day simple moving average is $135.93.

Health Care Select Sector SPDR Fund Company 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).