SPDR S&P Health Care Equipment ETF $XHE Shares Newly Purchased by Riverbridge Partners LLC

Riverbridge Partners LLC purchased a new position in SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 11,926 shares of the company’s stock, valued at approximately $1,082,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Livelsberger Financial Advisory acquired a new stake in SPDR S&P Health Care Equipment ETF in the 3rd quarter valued at about $84,000. Integrated Wealth Concepts LLC acquired a new position in shares of SPDR S&P Health Care Equipment ETF in the 2nd quarter worth approximately $182,000. Means Investment CO. Inc. acquired a new position in shares of SPDR S&P Health Care Equipment ETF in the 3rd quarter worth approximately $231,000. Vivaldi Capital Management LP raised its holdings in shares of SPDR S&P Health Care Equipment ETF by 18.8% in the 1st quarter. Vivaldi Capital Management LP now owns 4,279 shares of the company’s stock worth $335,000 after purchasing an additional 678 shares in the last quarter. Finally, NTV Asset Management LLC bought a new stake in shares of SPDR S&P Health Care Equipment ETF in the 3rd quarter worth approximately $554,000.

SPDR S&P Health Care Equipment ETF Stock Performance

Shares of NYSEARCA:XHE opened at $97.18 on Thursday. The stock has a market capitalization of $160.35 million, a price-to-earnings ratio of 29.20 and a beta of 0.98. SPDR S&P Health Care Equipment ETF has a 1-year low of $76.00 and a 1-year high of $100.75. The company has a 50 day moving average price of $91.97 and a 200 day moving average price of $86.60.

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.