Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Share Price Passes Below 200-Day Moving Average – Time to Sell?

Health Care Select Sector SPDR Fund (NYSEARCA:XLV) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $148.97 and traded as low as $138.04. Health Care Select Sector SPDR Fund shares last traded at $139.32, with a volume of 3,139,251 shares changing hands.

Health Care Select Sector SPDR Fund Price Performance

The stock has a market cap of $37.78 billion, a P/E ratio of 23.82 and a beta of 0.55. The firm’s fifty day moving average price is $145.06 and its two-hundred day moving average price is $148.84.

Institutional Trading of Health Care Select Sector SPDR Fund

Large investors have recently modified their holdings of the business. LPL Financial LLC lifted its holdings in shares of Health Care Select Sector SPDR Fund by 10.1% during the 3rd quarter. LPL Financial LLC now owns 6,671,871 shares of the exchange traded fund’s stock worth $1,027,602,000 after acquiring an additional 611,534 shares during the last quarter. Janney Montgomery Scott LLC bought a new stake in Health Care Select Sector SPDR Fund during the third quarter worth about $488,898,000. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in shares of Health Care Select Sector SPDR Fund by 3.0% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,909,369 shares of the exchange traded fund’s stock worth $448,101,000 after purchasing an additional 85,754 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in shares of Health Care Select Sector SPDR Fund by 94.6% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,180,000 shares of the exchange traded fund’s stock worth $335,764,000 after purchasing an additional 1,060,000 shares in the last quarter. Finally, Meitav Investment House Ltd. increased its position in shares of Health Care Select Sector SPDR Fund by 18.2% during the 3rd quarter. Meitav Investment House Ltd. now owns 1,944,071 shares of the exchange traded fund’s stock valued at $299,487,000 after purchasing an additional 299,448 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).