Royal Bank of Canada Increases Stock Holdings in SPDR S&P Health Care Equipment ETF $XHE

Royal Bank of Canada boosted its stake in SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) by 78.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,489 shares of the company’s stock after acquiring an additional 12,055 shares during the period. Royal Bank of Canada’s holdings in SPDR S&P Health Care Equipment ETF were worth $2,151,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Wealthfront Advisers LLC raised its holdings in SPDR S&P Health Care Equipment ETF by 2.6% in the 4th quarter. Wealthfront Advisers LLC now owns 5,043 shares of the company’s stock worth $445,000 after purchasing an additional 127 shares in the last quarter. Rockefeller Capital Management L.P. boosted its stake in shares of SPDR S&P Health Care Equipment ETF by 3.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 5,208 shares of the company’s stock valued at $460,000 after purchasing an additional 159 shares in the last quarter. Truist Financial Corp boosted its stake in shares of SPDR S&P Health Care Equipment ETF by 0.9% during the 4th quarter. Truist Financial Corp now owns 19,571 shares of the company’s stock valued at $1,727,000 after purchasing an additional 172 shares in the last quarter. Vivaldi Capital Management LP boosted its stake in shares of SPDR S&P Health Care Equipment ETF by 7.0% during the 3rd quarter. Vivaldi Capital Management LP now owns 3,214 shares of the company’s stock valued at $253,000 after purchasing an additional 209 shares in the last quarter. Finally, HighTower Advisors LLC increased its position in shares of SPDR S&P Health Care Equipment ETF by 2.2% during the fourth quarter. HighTower Advisors LLC now owns 18,037 shares of the company’s stock valued at $1,591,000 after buying an additional 384 shares during the period.

SPDR S&P Health Care Equipment ETF Price Performance

Shares of NYSEARCA XHE opened at $94.26 on Tuesday. SPDR S&P Health Care Equipment ETF has a 1 year low of $76.00 and a 1 year high of $96.00. The stock has a market capitalization of $164.96 million, a P/E ratio of 29.20 and a beta of 0.95. The company’s 50-day moving average is $87.39 and its 200 day moving average is $83.86.

SPDR S&P Health Care Equipment ETF Profile

The SPDR S&P Health Care Equipment ETF (XHE) is an exchange-traded fund that mostly invests in health care equity. The fund tracks an equal-weighted index of U.S. health care equipment and supplies companies. XHE was launched on Jan 26, 2011 and is managed by State Street.