Short Interest in Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Drops By 18.0%

Health Care Select Sector SPDR Fund (NYSEARCA:XLV) was the target of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 13,529,552 shares, a decline of 18.0% from the November 30th total of 16,491,490 shares. Approximately 5.3% of the company’s shares are sold short. Based on an average daily volume of 13,579,574 shares, the short-interest ratio is currently 1.0 days. Based on an average daily volume of 13,579,574 shares, the short-interest ratio is currently 1.0 days. Approximately 5.3% of the company’s shares are sold short.

Health Care Select Sector SPDR Fund Trading Down 0.6%

Health Care Select Sector SPDR Fund stock opened at $154.80 on Friday. The stock has a fifty day moving average price of $152.18 and a 200 day moving average price of $142.07. Health Care Select Sector SPDR Fund has a 52 week low of $127.35 and a 52 week high of $158.95. The firm has a market capitalization of $39.18 billion, a P/E ratio of 21.15 and a beta of 0.63.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of XLV. Kingstone Capital Partners Texas LLC increased its position 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 purchasing an additional 71,153,344 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Health Care Select Sector SPDR Fund by 7.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 13,810,675 shares of the exchange traded fund’s stock valued at $1,922,032,000 after buying an additional 998,856 shares during the period. Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of Health Care Select Sector SPDR Fund by 53.1% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,148,378 shares of the exchange traded fund’s stock valued at $438,149,000 after buying an additional 1,091,657 shares during the period. Focus Partners Wealth increased its holdings in shares of Health Care Select Sector SPDR Fund by 191.2% during the 3rd quarter. Focus Partners Wealth now owns 2,739,901 shares of the exchange traded fund’s stock worth $381,315,000 after buying an additional 1,799,103 shares during the last quarter. Finally, Main Management ETF Advisors LLC increased its holdings in shares of Health Care Select Sector SPDR Fund by 202.9% during 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 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.