Finivi Inc. Invests $3.54 Million in SPDR S&P Health Care Services ETF $XHS

Finivi Inc. acquired a new stake in SPDR S&P Health Care Services ETF (NYSEARCA:XHS) in the second quarter, HoldingsChannel reports. The firm acquired 26,758 shares of the company’s stock, valued at approximately $3,535,000. SPDR S&P Health Care Services ETF makes up about 1.8% of Finivi Inc.’s portfolio, making the stock its 17th largest holding.

Several other institutional investors and hedge funds have also modified their holdings of the company. Tower Research Capital LLC TRC acquired a new stake in SPDR S&P Health Care Services ETF during the second quarter worth approximately $782,000. Osaic Holdings Inc. lifted its stake in shares of SPDR S&P Health Care Services ETF by 9.5% during the 2nd quarter. Osaic Holdings Inc. now owns 2,684 shares of the company’s stock worth $267,000 after purchasing an additional 233 shares during the period. UBS Group AG boosted its holdings in shares of SPDR S&P Health Care Services ETF by 17.0% during the third quarter. UBS Group AG now owns 6,067 shares of the company’s stock worth $616,000 after purchasing an additional 883 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of SPDR S&P Health Care Services ETF by 11.1% during the third quarter. Raymond James Financial Inc. now owns 23,170 shares of the company’s stock worth $2,353,000 after purchasing an additional 2,311 shares during the last quarter. Finally, Bank of America Corp DE grew its position in shares of SPDR S&P Health Care Services ETF by 10.7% in the third quarter. Bank of America Corp DE now owns 14,818 shares of the company’s stock valued at $1,505,000 after purchasing an additional 1,437 shares during the period.

SPDR S&P Health Care Services ETF Stock Performance

SPDR S&P Health Care Services ETF stock opened at $135.36 on Monday. The firm has a market capitalization of $208.45 million, a P/E ratio of 18.60 and a beta of 0.93. The stock has a fifty day moving average price of $129.00 and a 200 day moving average price of $115.01. SPDR S&P Health Care Services ETF has a 52 week low of $89.34 and a 52 week high of $138.92.

About SPDR S&P Health Care Services ETF

The SPDR S&P Health Care Services ETF (XHS) is an exchange-traded fund that mostly invests in health care equity. The fund tracks an equal-weighted index of US health care services companies, as defined by GICS. XHS was launched on Sep 28, 2011 and is managed by State Street.