Royal Fund Management LLC Has $3.03 Million Stake in SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE)

Royal Fund Management LLC reduced its holdings in SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) by 8.8% during the 4th quarter, HoldingsChannel reports. The firm owned 35,922 shares of the company’s stock after selling 3,448 shares during the quarter. Royal Fund Management LLC’s holdings in SPDR S&P Health Care Equipment ETF were worth $3,028,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in XHE. Simplex Trading LLC raised its stake in SPDR S&P Health Care Equipment ETF by 738.5% during the 4th quarter. Simplex Trading LLC now owns 327 shares of the company’s stock valued at $27,000 after purchasing an additional 288 shares during the last quarter. Capital Investment Advisory Services LLC acquired a new position in shares of SPDR S&P Health Care Equipment ETF during the third quarter valued at about $64,000. Truist Financial Corp bought a new stake in SPDR S&P Health Care Equipment ETF in the 4th quarter valued at $215,000. Solutions 4 Wealth Ltd bought a new position in shares of SPDR S&P Health Care Equipment ETF during the 4th quarter worth about $298,000. Finally, Clear Creek Financial Management LLC boosted its position in shares of SPDR S&P Health Care Equipment ETF by 10.6% during the 4th quarter. Clear Creek Financial Management LLC now owns 3,754 shares of the company’s stock valued at $316,000 after acquiring an additional 361 shares in the last quarter.

SPDR S&P Health Care Equipment ETF Stock Performance

SPDR S&P Health Care Equipment ETF stock traded up $1.13 on Friday, reaching $85.99. The company’s stock had a trading volume of 36,408 shares, compared to its average volume of 32,418. The business’s fifty day moving average price is $84.60 and its 200 day moving average price is $81.09. The company has a market cap of $262.27 million, a price-to-earnings ratio of 30.13 and a beta of 1.12. SPDR S&P Health Care Equipment ETF has a twelve month low of $66.20 and a twelve month high of $99.68.

SPDR S&P Health Care Equipment ETF Company Profile

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.