ACG Wealth Has $7.12 Million Position in Health Care SPDR (XLV)

ACG Wealth reduced its holdings in Health Care SPDR (NYSEARCA:XLV) by 11.5% in the 4th quarter, Holdings Channel reports. The firm owned 86,075 shares of the exchange traded fund’s stock after selling 11,156 shares during the quarter. Health Care SPDR comprises approximately 1.1% of ACG Wealth’s investment portfolio, making the stock its 18th biggest holding. ACG Wealth’s holdings in Health Care SPDR were worth $7,117,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its stake in Health Care SPDR by 33.6% in the third quarter. JPMorgan Chase & Co. now owns 7,104,872 shares of the exchange traded fund’s stock valued at $577,269,000 after purchasing an additional 1,786,387 shares during the last quarter. Swan Global Investments LLC grew its position in Health Care SPDR by 6.0% during the third quarter. Swan Global Investments LLC now owns 4,973,887 shares of the exchange traded fund’s stock valued at $404,128,000 after acquiring an additional 280,357 shares during the period. Ameriprise Financial Inc. grew its position in Health Care SPDR by 6.5% during the third quarter. Ameriprise Financial Inc. now owns 2,556,515 shares of the exchange traded fund’s stock valued at $208,846,000 after acquiring an additional 156,306 shares during the period. State Street Corp grew its position in Health Care SPDR by 937.9% during the second quarter. State Street Corp now owns 1,785,625 shares of the exchange traded fund’s stock valued at $141,492,000 after acquiring an additional 1,613,582 shares during the period. Finally, Janney Montgomery Scott LLC grew its position in Health Care SPDR by 14.2% during the third quarter. Janney Montgomery Scott LLC now owns 1,679,910 shares of the exchange traded fund’s stock valued at $137,299,000 after acquiring an additional 208,955 shares during the period.

Shares of Health Care SPDR (NYSEARCA:XLV) opened at $83.87 on Thursday. Health Care SPDR has a 1 year low of $72.33 and a 1 year high of $91.79. The stock has a market capitalization of $15,960.00 and a PE ratio of 6.49.

COPYRIGHT VIOLATION NOTICE: “ACG Wealth Has $7.12 Million Position in Health Care SPDR (XLV)” was posted by Markets Daily and is the property of of Markets Daily. If you are viewing this news story on another publication, it was copied illegally and reposted in violation of US & international copyright & trademark legislation. The original version of this news story can be accessed at https://www.themarketsdaily.com/2018/02/15/acg-wealth-has-7-12-million-position-in-health-care-spdr-xlv.html.

About Health Care SPDR

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).

Want to see what other hedge funds are holding XLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Health Care SPDR (NYSEARCA:XLV).

Institutional Ownership by Quarter for Health Care SPDR (NYSEARCA:XLV)

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.

Latest News

Leave a Reply