Lido Advisors LLC lowered its stake in shares of Health Care SPDR (NYSEARCA:XLV) by 98.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,766 shares of the exchange traded fund’s stock after selling 209,934 shares during the period. Lido Advisors LLC’s holdings in Health Care SPDR were worth $311,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in XLV. JPMorgan Chase & Co. boosted its stake in Health Care SPDR by 33.6% during the third quarter. JPMorgan Chase & Co. now owns 7,104,872 shares of the exchange traded fund’s stock worth $577,269,000 after buying an additional 1,786,387 shares during the last quarter. Two Sigma Advisers LP raised its holdings in shares of Health Care SPDR by 54.4% in the 4th quarter. Two Sigma Advisers LP now owns 3,121,300 shares of the exchange traded fund’s stock valued at $258,069,000 after buying an additional 1,100,300 shares during the period. Timber Hill LLC raised its holdings in shares of Health Care SPDR by 2,058.0% in the 4th quarter. Timber Hill LLC now owns 367,976 shares of the exchange traded fund’s stock valued at $30,424,000 after buying an additional 350,924 shares during the period. Mizuho Trust & Banking Co. Ltd. raised its holdings in shares of Health Care SPDR by 152.6% in the 4th quarter. Mizuho Trust & Banking Co. Ltd. now owns 480,000 shares of the exchange traded fund’s stock valued at $39,686,000 after buying an additional 290,000 shares during the period. Finally, Swan Global Investments LLC raised its holdings in shares of Health Care SPDR by 6.0% in the 3rd quarter. Swan Global Investments LLC now owns 4,973,887 shares of the exchange traded fund’s stock valued at $404,128,000 after buying an additional 280,357 shares during the period.
Shares of XLV stock traded down $1.97 on Friday, hitting $79.88. The stock had a trading volume of 12,171,809 shares, compared to its average volume of 10,208,505. Health Care SPDR has a 1 year low of $73.16 and a 1 year high of $91.79.
The business also recently declared a quarterly dividend, which was paid on Wednesday, March 21st. Shareholders of record on Monday, March 19th were issued a dividend of $0.2997 per share. The ex-dividend date of this dividend was Friday, March 16th. This represents a $1.20 annualized dividend and a yield of 1.50%.
TRADEMARK VIOLATION WARNING: “Lido Advisors LLC Sells 209,934 Shares of Health Care SPDR (XLV)” was published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this report on another domain, it was copied illegally and reposted in violation of US & international copyright & trademark legislation. The legal version of this report can be accessed at https://www.dispatchtribunal.com/2018/04/08/health-care-spdr-xlv-position-trimmed-by-lido-advisors-llc.html.
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).
Receive News & Ratings for Health Care SPDR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Health Care SPDR and related companies with MarketBeat.com's FREE daily email newsletter.