Stearns Financial Services Group lowered its stake in Health Care SPDR (NYSE:XLV) by 11.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 96,755 shares of the exchange traded fund’s stock after selling 12,066 shares during the period. Health Care SPDR comprises approximately 1.8% of Stearns Financial Services Group’s portfolio, making the stock its 12th largest position. Stearns Financial Services Group’s holdings in Health Care SPDR were worth $7,667,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Jag Capital Management LLC bought a new position in Health Care SPDR during the second quarter valued at approximately $203,000. United Bank bought a new position in Health Care SPDR during the second quarter valued at approximately $224,000. Hartford Financial Management Inc. bought a new position in Health Care SPDR during the second quarter valued at approximately $236,000. Osborne Partners Capital Management LLC bought a new position in Health Care SPDR during the second quarter valued at approximately $240,000. Finally, Honkamp Krueger Financial Services Inc. raised its position in Health Care SPDR by 14.7% in the second quarter. Honkamp Krueger Financial Services Inc. now owns 3,310 shares of the exchange traded fund’s stock valued at $262,000 after buying an additional 423 shares in the last quarter.

Health Care SPDR (XLV) opened at 79.37 on Thursday. The stock’s 50 day moving average price is $79.83 and its 200 day moving average price is $75.94. Health Care SPDR has a 12-month low of $65.96 and a 12-month high of $81.21.

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About Health Care SPDR

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).

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Institutional Ownership by Quarter for Health Care SPDR (NYSE:XLV)

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