NTV Asset Management LLC Sells 3,160 Shares of SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE)

NTV Asset Management LLC reduced its position in SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) by 12.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,310 shares of the company’s stock after selling 3,160 shares during the quarter. NTV Asset Management LLC owned 0.33% of SPDR S&P Health Care Equipment ETF worth $1,796,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in XHE. Simplex Trading LLC grew its stake in SPDR S&P Health Care Equipment ETF by 738.5% in the fourth quarter. Simplex Trading LLC now owns 327 shares of the company’s stock valued at $27,000 after purchasing an additional 288 shares during the last quarter. Capital Investment Advisory Services LLC bought a new position in shares of SPDR S&P Health Care Equipment ETF during the 3rd quarter worth approximately $64,000. Truist Financial Corp acquired a new position in shares of SPDR S&P Health Care Equipment ETF during the fourth quarter worth $215,000. Solutions 4 Wealth Ltd purchased a new stake in shares of SPDR S&P Health Care Equipment ETF during the 4th quarter valued at $298,000. Finally, Clear Creek Financial Management LLC boosted its position 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 purchasing an additional 361 shares in the last quarter.

SPDR S&P Health Care Equipment ETF Stock Performance

XHE stock traded up $1.13 on Friday, hitting $85.99. 36,408 shares of the company’s stock were exchanged, compared to its average volume of 32,418. The firm has a 50 day moving average price of $84.60 and a two-hundred day moving average price of $81.03. SPDR S&P Health Care Equipment ETF has a 12-month low of $66.20 and a 12-month high of $99.68. The stock has a market cap of $262.27 million, a P/E ratio of 30.13 and a beta of 1.12.

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.