PhaseCapital LP trimmed its position in Health Care SPDR (NYSEARCA:XLV) by 74.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 4,983 shares of the exchange traded fund’s stock after selling 14,152 shares during the period. Health Care SPDR comprises approximately 0.9% of PhaseCapital LP’s holdings, making the stock its 11th biggest holding. PhaseCapital LP’s holdings in Health Care SPDR were worth $412,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Front Row Advisors LLC purchased a new stake in shares of Health Care SPDR in the fourth quarter worth about $104,000. SeaCrest Wealth Management LLC purchased a new stake in shares of Health Care SPDR in the fourth quarter worth about $116,000. Cerebellum GP LLC purchased a new stake in shares of Health Care SPDR in the fourth quarter worth about $128,000. WealthTrust Arizona LLC purchased a new stake in shares of Health Care SPDR in the fourth quarter worth about $129,000. Finally, Crewe Advisors LLC bought a new position in shares of Health Care SPDR in the fourth quarter worth approximately $131,000.
Health Care SPDR (NYSEARCA XLV) opened at $83.99 on Friday. The firm has a market cap of $16,060.00 and a P/E ratio of 6.50. Health Care SPDR has a 52-week low of $72.33 and a 52-week high of $91.79.
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Health Care SPDR Company Profile
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).
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