Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Stock Passes Below Two Hundred Day Moving Average – What’s Next?

by · The Cerbat Gem

Health Care Select Sector SPDR Fund (NYSEARCA:XLV – Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $146.29 and traded as low as $142.19. Health Care Select Sector SPDR Fund shares last traded at $144.30, with a volume of 6,385,896 shares.

Health Care Select Sector SPDR Fund Price Performance

The stock has a fifty day simple moving average of $146.31 and a two-hundred day simple moving average of $146.12. The firm has a market capitalization of $35.72 billion, a P/E ratio of 29.15 and a beta of 0.71.

Health Care Select Sector SPDR Fund Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were given a dividend of $0.5645 per share. The ex-dividend date of this dividend was Monday, March 24th.

Institutional Trading of Health Care Select Sector SPDR Fund

Several large investors have recently made changes to their positions in XLV. Human Investing LLC bought a new stake in shares of Health Care Select Sector SPDR Fund during the fourth quarter worth about $26,000. Roxbury Financial LLC bought a new stake in Health Care Select Sector SPDR Fund during the 4th quarter worth approximately $29,000. Parvin Asset Management LLC bought a new position in shares of Health Care Select Sector SPDR Fund in the fourth quarter valued at approximately $28,000. Pinney & Scofield Inc. purchased a new position in shares of Health Care Select Sector SPDR Fund during the fourth quarter valued at approximately $28,000. Finally, Morling Financial Advisors LLC bought a new stake in Health Care Select Sector SPDR Fund during the fourth quarter worth $29,000.

Health Care Select Sector SPDR Fund Company Profile

(Get Free Report)

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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