Traders Sell Health Care SPDR (XLV) on Strength (XLV)
Traders sold shares of Health Care SPDR (NYSE:XLV) on strength during trading hours on Wednesday. $31.60 million flowed into the stock on the tick-up and $69.50 million flowed out of the stock on the tick-down, for a money net flow of $37.90 million out of the stock. Of all stocks tracked, Health Care SPDR had the 0th highest net out-flow for the day. Health Care SPDR traded up $0.16 for the day and closed at $82.72
The stock has a 50-day moving average price of $81.77 and a 200-day moving average price of $78.40.
The business also recently disclosed a quarterly dividend, which was paid on Monday, September 25th. Stockholders of record on Monday, September 18th were issued a dividend of $0.3048 per share. The ex-dividend date was Friday, September 15th. This represents a $1.22 annualized dividend and a dividend yield of 1.48%.
Several hedge funds and other institutional investors have recently made changes to their positions in XLV. State Street Corp raised its holdings in shares of Health Care SPDR by 937.9% during the second quarter. State Street Corp now owns 1,785,625 shares of the exchange traded fund’s stock valued at $141,492,000 after purchasing an additional 1,613,582 shares during the period. Schroder Investment Management Group acquired a new position in shares of Health Care SPDR during the second quarter valued at about $84,476,000. Ameriprise Financial Inc. raised its holdings in shares of Health Care SPDR by 60.5% during the second quarter. Ameriprise Financial Inc. now owns 2,400,209 shares of the exchange traded fund’s stock valued at $190,410,000 after purchasing an additional 904,476 shares during the period. Mizuho Trust & Banking Co. Ltd. raised its holdings in shares of Health Care SPDR by 468.8% during the second quarter. Mizuho Trust & Banking Co. Ltd. now owns 910,000 shares of the exchange traded fund’s stock valued at $72,108,000 after purchasing an additional 750,000 shares during the period. Finally, Marshall Wace LLP acquired a new position in shares of Health Care SPDR during the second quarter valued at about $58,654,000.
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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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