SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) Trading Up 0.5% – Here’s What Happened

Shares of SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) rose 0.5% on Wednesday . The company traded as high as $79.36 and last traded at $78.60. Approximately 2,744 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 18,868 shares. The stock had previously closed at $78.24.

SPDR S&P Health Care Equipment ETF Stock Up 0.5%

The stock has a market cap of $133.62 million, a P/E ratio of 29.20 and a beta of 1.01. The business has a 50-day simple moving average of $83.92 and a 200-day simple moving average of $84.32.

Institutional Trading of SPDR S&P Health Care Equipment ETF

Several large investors have recently modified their holdings of XHE. Wealthfront Advisers LLC grew its holdings in shares of SPDR S&P Health Care Equipment ETF by 2.6% during the fourth quarter. Wealthfront Advisers LLC now owns 5,043 shares of the company’s stock worth $445,000 after purchasing an additional 127 shares during the last quarter. Rockefeller Capital Management L.P. increased its stake in shares of SPDR S&P Health Care Equipment ETF by 3.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 5,208 shares of the company’s stock valued at $460,000 after buying an additional 159 shares in the last quarter. Truist Financial Corp raised its holdings in shares of SPDR S&P Health Care Equipment ETF by 0.9% in the fourth quarter. Truist Financial Corp now owns 19,571 shares of the company’s stock valued at $1,727,000 after buying an additional 172 shares during the last quarter. Vivaldi Capital Management LP lifted its position in 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 worth $253,000 after buying an additional 209 shares in the last quarter. Finally, Capital Investment Advisory Services LLC lifted its position in SPDR S&P Health Care Equipment ETF by 34.1% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 1,180 shares of the company’s stock worth $93,000 after buying an additional 300 shares in the last quarter.

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.