Health Care Select Sector SPDR Fund Target of Unusually Large Options Trading (NYSEARCA:XLV)

Health Care Select Sector SPDR Fund (NYSEARCA:XLV) saw unusually large options trading on Tuesday. Stock investors acquired 34,544 call options on the stock. This is an increase of 58% compared to the typical daily volume of 21,846 call options.

Health Care Select Sector SPDR Fund Trading Down 0.2%

Shares of Health Care Select Sector SPDR Fund stock opened at $158.42 on Thursday. Health Care Select Sector SPDR Fund has a 12 month low of $127.35 and a 12 month high of $158.95. The firm has a market capitalization of $40.09 billion, a P/E ratio of 21.15 and a beta of 0.63. The business has a fifty day simple moving average of $145.25 and a two-hundred day simple moving average of $138.21.

Institutional Investors Weigh In On Health Care Select Sector SPDR Fund

Several hedge funds have recently added to or reduced their stakes in XLV. Cambria Investment Management L.P. raised its holdings in Health Care Select Sector SPDR Fund by 1.5% during the third quarter. Cambria Investment Management L.P. now owns 4,597 shares of the exchange traded fund’s stock valued at $640,000 after acquiring an additional 66 shares during the period. Investment Partners Asset Management Inc. grew its position in shares of Health Care Select Sector SPDR Fund by 1.8% during the third quarter. Investment Partners Asset Management Inc. now owns 3,937 shares of the exchange traded fund’s stock worth $548,000 after purchasing an additional 70 shares in the last quarter. Jackson Grant Investment Advisers Inc. raised its stake in Health Care Select Sector SPDR Fund by 0.3% during the 3rd quarter. Jackson Grant Investment Advisers Inc. now owns 23,930 shares of the exchange traded fund’s stock valued at $3,330,000 after purchasing an additional 70 shares during the period. Franklin Resources Inc. lifted its holdings in Health Care Select Sector SPDR Fund by 1.3% in the 3rd quarter. Franklin Resources Inc. now owns 5,817 shares of the exchange traded fund’s stock worth $810,000 after purchasing an additional 73 shares in the last quarter. Finally, Trust Co. of Vermont lifted its holdings in Health Care Select Sector SPDR Fund by 44.2% in the 3rd quarter. Trust Co. of Vermont now owns 248 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 76 shares in 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).