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

Health Care Select Sector SPDR Fund (NYSEARCA:XLV) saw unusually large options trading activity on Friday. Traders acquired 38,384 put options on the company. This is an increase of approximately 75% compared to the average volume of 21,944 put options.

Health Care Select Sector SPDR Fund Stock Up 0.2%

Shares of NYSEARCA XLV opened at $156.05 on Friday. The stock has a market capitalization of $39.49 billion, a PE ratio of 21.15 and a beta of 0.63. The firm has a fifty day moving average of $151.40 and a 200-day moving average of $141.54. Health Care Select Sector SPDR Fund has a 52-week low of $127.35 and a 52-week high of $158.95.

Institutional Trading of Health Care Select Sector SPDR Fund

A number of institutional investors have recently modified their holdings of the company. Kingstone Capital Partners Texas LLC grew its stake in Health Care Select Sector SPDR Fund by 559,865.8% during the second 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 buying an additional 71,153,344 shares during the period. Focus Partners Wealth increased its holdings in Health Care Select Sector SPDR Fund by 191.2% in the 3rd quarter. Focus Partners Wealth now owns 2,739,901 shares of the exchange traded fund’s stock valued at $381,315,000 after purchasing an additional 1,799,103 shares in the last quarter. State Street Corp raised its position in Health Care Select Sector SPDR Fund by 897.6% in the second quarter. State Street Corp now owns 1,325,623 shares of the exchange traded fund’s stock valued at $178,681,000 after purchasing an additional 1,192,747 shares during the period. Voya Investment Management LLC purchased a new position in Health Care Select Sector SPDR Fund in the first quarter valued at about $173,281,000. Finally, Harel Insurance Investments & Financial Services Ltd. lifted its stake in shares of Health Care Select Sector SPDR Fund by 53.1% during the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,148,378 shares of the exchange traded fund’s stock worth $438,149,000 after purchasing an additional 1,091,657 shares in the last quarter.

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). The Health Care Select Sector Index includes companies from the industries, such as pharmaceuticals, healthcare providers and services, healthcare equipment and supplies, biotechnology, life sciences tools and services, and healthcare technology.