Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Stock Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Health Care Select Sector SPDR Fund (NYSEARCA:XLV) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $150.29 and traded as low as $149.54. Health Care Select Sector SPDR Fund shares last traded at $149.64, with a volume of 11,926,295 shares traded.

Health Care Select Sector SPDR Fund Stock Down 0.9%

The firm has a 50 day simple moving average of $155.99 and a 200-day simple moving average of $150.29. The company has a market cap of $39.63 billion, a PE ratio of 21.15 and a beta of 0.63.

Institutional Trading of Health Care Select Sector SPDR Fund

A number of institutional investors have recently modified their holdings of XLV. AlphaCore Capital LLC increased its stake in Health Care Select Sector SPDR Fund by 2,795.6% during the 2nd quarter. AlphaCore Capital LLC now owns 73,752 shares of the exchange traded fund’s stock valued at $9,941,000 after purchasing an additional 71,205 shares in the last quarter. Richard W. Paul & Associates LLC raised its holdings in shares of Health Care Select Sector SPDR Fund by 2.3% in the second quarter. Richard W. Paul & Associates LLC now owns 8,983 shares of the exchange traded fund’s stock worth $1,211,000 after buying an additional 205 shares during the last quarter. Howe & Rusling Inc. lifted its stake in shares of Health Care Select Sector SPDR Fund by 39.8% during the second quarter. Howe & Rusling Inc. now owns 6,549 shares of the exchange traded fund’s stock worth $883,000 after buying an additional 1,865 shares during the period. Northstar Financial Companies Inc. lifted its stake in shares of Health Care Select Sector SPDR Fund by 11.3% during the second quarter. Northstar Financial Companies Inc. now owns 1,645 shares of the exchange traded fund’s stock worth $222,000 after buying an additional 167 shares during the period. Finally, Wealthspire Advisors LLC grew its holdings in shares of Health Care Select Sector SPDR Fund by 3.1% during the second quarter. Wealthspire Advisors LLC now owns 29,489 shares of the exchange traded fund’s stock valued at $3,975,000 after buying an additional 885 shares during the last quarter.

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). 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.