Telemus Capital LLC Buys Shares of 6,467 SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE)

Telemus Capital LLC bought a new stake in shares of SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 6,467 shares of the company’s stock, valued at approximately $545,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of XHE. Capital Investment Advisory Services LLC acquired a new position in SPDR S&P Health Care Equipment ETF during the 3rd quarter valued at about $64,000. Clear Creek Financial Management LLC lifted its stake in shares of SPDR S&P Health Care Equipment ETF by 10.6% in the 4th quarter. Clear Creek Financial Management LLC now owns 3,754 shares of the company’s stock worth $316,000 after acquiring an additional 361 shares during the period. Bryn Mawr Capital Management LLC acquired a new stake in shares of SPDR S&P Health Care Equipment ETF in the 3rd quarter worth approximately $320,000. Blackston Financial Advisory Group LLC acquired a new stake in shares of SPDR S&P Health Care Equipment ETF in the 4th quarter worth approximately $377,000. Finally, Merit Financial Group LLC lifted its stake in shares of SPDR S&P Health Care Equipment ETF by 9.5% in the 3rd quarter. Merit Financial Group LLC now owns 6,371 shares of the company’s stock worth $497,000 after acquiring an additional 554 shares during the period.

SPDR S&P Health Care Equipment ETF Trading Up 0.5 %

Shares of NYSEARCA:XHE opened at $81.68 on Tuesday. The company has a 50 day moving average of $85.09 and a 200-day moving average of $80.48. The firm has a market cap of $261.38 million, a P/E ratio of 30.97 and a beta of 1.11. SPDR S&P Health Care Equipment ETF has a twelve month low of $66.20 and a twelve month high of $99.68.

About SPDR S&P Health Care Equipment ETF

The SPDR S&P Health Care Equipment ETF (XHE) is an exchange-traded fund that mostly invests in health care equity. The fund tracks an equal-weighted index of U.S. health care equipment and supplies companies. XHE was launched on Jan 26, 2011 and is managed by State Street.