Investors Buy Shares of Health Care SPDR (XLV) on Weakness

Investors purchased shares of Health Care SPDR (NYSE:XLV) on weakness during trading hours on Tuesday. $145.87 million flowed into the stock on the tick-up and $63.26 million flowed out of the stock on the tick-down, for a money net flow of $82.61 million into the stock. Of all companies tracked, Health Care SPDR had the 3rd highest net in-flow for the day. Health Care SPDR traded down ($0.18) for the day and closed at $79.71

The company has a 50-day moving average of $79.56 and a 200 day moving average of $76.35.

Hedge funds have recently added to or reduced their stakes in the company. State Street Corp increased its stake in Health Care SPDR by 937.9% in 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 buying an additional 1,613,582 shares during the period. Schroder Investment Management Group acquired a new stake in Health Care SPDR during the second quarter valued at $84,476,000. Ameriprise Financial Inc. increased its stake in Health Care SPDR by 60.5% in the second quarter. Ameriprise Financial Inc. now owns 2,400,209 shares of the exchange traded fund’s stock valued at $190,410,000 after buying an additional 904,476 shares during the period. Mizuho Trust & Banking Co. Ltd. increased its stake in Health Care SPDR by 468.8% in the second quarter. Mizuho Trust & Banking Co. Ltd. now owns 910,000 shares of the exchange traded fund’s stock valued at $72,108,000 after buying an additional 750,000 shares during the period. Finally, Marshall Wace LLP acquired a new stake in Health Care SPDR during the second quarter valued at $58,654,000.

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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).

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