Traders Sell Shares of Health Care SPDR (NYSE:XLV) on Strength (NYSE:XLV)
Investors sold shares of Health Care SPDR (NYSE:XLV) on strength during trading hours on Wednesday. $37.13 million flowed into the stock on the tick-up and $66.55 million flowed out of the stock on the tick-down, for a money net flow of $29.42 million out of the stock. Of all stocks tracked, Health Care SPDR had the 15th highest net out-flow for the day. Health Care SPDR traded up $0.09 for the day and closed at $79.37
The stock’s 50-day moving average price is $79.73 and its 200 day moving average price is $75.70.
Several institutional investors have recently added to or reduced their stakes in the stock. Thai Life Insurance PCL. acquired a new position in Health Care SPDR during the second quarter valued at approximately $2,139,000. Fiduciary Trust Co. raised its position in Health Care SPDR by 11.7% in the second quarter. Fiduciary Trust Co. now owns 4,781 shares of the exchange traded fund’s stock valued at $379,000 after buying an additional 500 shares in the last quarter. Leonetti & Associates LLC acquired a new position in Health Care SPDR during the second quarter valued at approximately $9,362,000. Vivaldi Capital Management LLC acquired a new position in Health Care SPDR during the second quarter valued at approximately $399,000. Finally, D L Carlson Investment Group Inc. raised its position in Health Care SPDR by 22.0% in the second quarter. D L Carlson Investment Group Inc. now owns 8,878 shares of the exchange traded fund’s stock valued at $703,000 after buying an additional 1,600 shares in the last quarter.
ILLEGAL ACTIVITY NOTICE: This story was first reported by Daily Political and is the sole property of of Daily Political. If you are reading this story on another site, it was copied illegally and reposted in violation of United States and international copyright & trademark law. The original version of this story can be viewed at https://www.dailypolitical.com/2017/08/09/traders-sell-shares-of-health-care-spdr-nysexlv-on-strength-nysexlv.html.
Health Care SPDR 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).
Receive News & Ratings for Health Care SPDR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Health Care SPDR and related companies with MarketBeat.com's FREE daily email newsletter.