SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE – Get Free Report)’s share price fell 0.5% during trading on Friday. The company traded as low as $88.86 and last traded at $88.86. Approximately 13,445 shares changed hands during mid-day trading, a decline of 49% from the average daily volume of 26,258 shares. The stock had previously closed at $89.28.
SPDR S&P Health Care Equipment ETF Stock Down 0.5%
The stock has a market capitalization of $186.61 million, a P/E ratio of 29.20 and a beta of 0.95. The business has a fifty day moving average price of $92.72 and a 200-day moving average price of $85.66.
Hedge Funds Weigh In On SPDR S&P Health Care Equipment ETF
Several hedge funds and other institutional investors have recently bought and sold shares of XHE. Integrated Wealth Concepts LLC purchased a new stake in shares of SPDR S&P Health Care Equipment ETF during the 2nd quarter valued at about $182,000. Vivaldi Capital Management LP raised its holdings in shares of SPDR S&P Health Care Equipment ETF by 18.8% during the first quarter. Vivaldi Capital Management LP now owns 4,279 shares of the company’s stock valued at $335,000 after purchasing an additional 678 shares during the last quarter. Rockefeller Capital Management L.P. raised its holdings in shares of SPDR S&P Health Care Equipment ETF by 3.1% during the fourth 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 during the last quarter. Wealthfront Advisers LLC raised its holdings in shares of SPDR S&P Health Care Equipment ETF by 26.2% during the first quarter. Wealthfront Advisers LLC now owns 6,364 shares of the company’s stock valued at $498,000 after purchasing an additional 1,321 shares during the last quarter. Finally, Avior Wealth Management LLC bought a new position in SPDR S&P Health Care Equipment ETF during the second quarter valued at approximately $991,000.
About SPDR S&P Health Care Equipment ETF
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.
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