Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Sets New 1-Year High at $151.89

Health Care Select Sector SPDR Fund (NYSEARCA:XLV)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $151.89 and last traded at $151.46, with a volume of 2810710 shares. The stock had previously closed at $151.22.

Health Care Select Sector SPDR Fund Price Performance

The firm has a market capitalization of $41.38 billion, a price-to-earnings ratio of 23.82 and a beta of 0.55. The business’s fifty day simple moving average is $147.67 and its 200 day simple moving average is $145.20.

Institutional Investors Weigh In On Health Care Select Sector SPDR Fund

A number of large investors have recently bought and sold shares of XLV. Envestnet Asset Management Inc. grew its holdings in shares of Health Care Select Sector SPDR Fund by 8.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 6,969,963 shares of the exchange traded fund’s stock valued at $950,564,000 after buying an additional 520,611 shares during the last quarter. Raymond James & Associates grew its holdings in shares of Health Care Select Sector SPDR Fund by 1.5% during the first quarter. Raymond James & Associates now owns 5,682,906 shares of the exchange traded fund’s stock valued at $839,536,000 after buying an additional 82,804 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of Health Care Select Sector SPDR Fund by 1.9% during the first quarter. Janney Montgomery Scott LLC now owns 4,578,337 shares of the exchange traded fund’s stock valued at $676,358,000 after buying an additional 83,196 shares during the last quarter. Truist Financial Corp grew its holdings in shares of Health Care Select Sector SPDR Fund by 3.6% during the fourth quarter. Truist Financial Corp now owns 4,097,404 shares of the exchange traded fund’s stock valued at $558,804,000 after buying an additional 141,190 shares during the last quarter. Finally, Meitav Investment House Ltd. grew its holdings in shares of Health Care Select Sector SPDR Fund by 31.3% during the second quarter. Meitav Investment House Ltd. now owns 1,644,623 shares of the exchange traded fund’s stock valued at $239,663,000 after buying an additional 391,796 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).