Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Trading 0.3% Higher – Still a Buy?

Health Care Select Sector SPDR Fund (NYSEARCA:XLV) shares were up 0.3% during trading on Monday . The stock traded as high as $145.09 and last traded at $144.70. Approximately 6,255,458 shares traded hands during trading, a decline of 16% from the average daily volume of 7,437,709 shares. The stock had previously closed at $144.28.

Health Care Select Sector SPDR Fund Price Performance

The company’s 50 day moving average price is $148.28 and its 200 day moving average price is $149.32. The firm has a market capitalization of $38.47 billion, a P/E ratio of 23.82 and a beta of 0.55.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Kowal Investment Group LLC boosted its stake in Health Care Select Sector SPDR Fund by 2.6% in the second quarter. Kowal Investment Group LLC now owns 2,708 shares of the exchange traded fund’s stock valued at $395,000 after acquiring an additional 68 shares during the last quarter. Certified Advisory Corp boosted its position in shares of Health Care Select Sector SPDR Fund by 0.3% in the 3rd quarter. Certified Advisory Corp now owns 22,307 shares of the exchange traded fund’s stock worth $3,436,000 after purchasing an additional 68 shares during the last quarter. Fifth Third Wealth Advisors LLC grew its stake in shares of Health Care Select Sector SPDR Fund by 2.8% during the third quarter. Fifth Third Wealth Advisors LLC now owns 2,562 shares of the exchange traded fund’s stock worth $395,000 after purchasing an additional 70 shares during the period. 180 Wealth Advisors LLC increased its holdings in Health Care Select Sector SPDR Fund by 5.1% in the second quarter. 180 Wealth Advisors LLC now owns 1,496 shares of the exchange traded fund’s stock valued at $220,000 after purchasing an additional 72 shares during the last quarter. Finally, Fountainhead AM LLC lifted its stake in Health Care Select Sector SPDR Fund by 2.5% in the third quarter. Fountainhead AM LLC now owns 3,043 shares of the exchange traded fund’s stock valued at $469,000 after buying an additional 73 shares during the period.

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).