Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Health Care Select Sector SPDR Fund (NYSEARCA:XLV)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $148.55 and traded as low as $137.12. Health Care Select Sector SPDR Fund shares last traded at $137.61, with a volume of 8,972,816 shares.

Health Care Select Sector SPDR Fund Stock Performance

The company’s 50-day moving average price is $143.54 and its two-hundred day moving average price is $148.50. The stock has a market cap of $37.61 billion, a PE ratio of 23.82 and a beta of 0.55.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Rakuten Securities Inc. lifted its stake in shares of Health Care Select Sector SPDR Fund by 8,150.0% in the 3rd quarter. Rakuten Securities Inc. now owns 165 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 163 shares during the last quarter. CarsonAllaria Wealth Management Ltd. bought a new stake in Health Care Select Sector SPDR Fund in the third quarter valued at approximately $32,000. Legacy Investment Solutions LLC bought a new stake in Health Care Select Sector SPDR Fund in the third quarter valued at approximately $32,000. Hara Capital LLC purchased a new stake in shares of Health Care Select Sector SPDR Fund during the third quarter valued at approximately $39,000. Finally, Richardson Financial Services Inc. grew its holdings in shares of Health Care Select Sector SPDR Fund by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 284 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 142 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).