Spectrum Management Group Inc. bought a new position in shares of Health Care Select Sector SPDR ETF (NYSEARCA:XLV) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 72,700 shares of the exchange traded fund’s stock, valued at approximately $5,942,000. Health Care Select Sector SPDR ETF accounts for 1.9% of Spectrum Management Group Inc.’s portfolio, making the stock its 7th largest position.

Other hedge funds have also recently bought and sold shares of the company. Ballentine Partners LLC grew its stake in shares of Health Care Select Sector SPDR ETF by 38.6% in the 2nd quarter. Ballentine Partners LLC now owns 1,576 shares of the exchange traded fund’s stock worth $127,000 after buying an additional 439 shares during the last quarter. Pinnacle Financial Partners Inc. purchased a new stake in Health Care Select Sector SPDR ETF during the 2nd quarter valued at $134,000. West Coast Financial LLC purchased a new stake in Health Care Select Sector SPDR ETF during the 3rd quarter valued at $201,000. Jag Capital Management LLC purchased a new stake in Health Care Select Sector SPDR ETF during the 2nd quarter valued at $203,000. Finally, Brighton Jones LLC purchased a new stake in Health Care Select Sector SPDR ETF during the 2nd quarter valued at $212,000.

Health Care Select Sector SPDR ETF (NYSEARCA:XLV) traded up $0.84 during midday trading on Friday, hitting $81.56. The stock had a trading volume of 4,780,400 shares, compared to its average volume of 7,359,592. Health Care Select Sector SPDR ETF has a 12-month low of $66.97 and a 12-month high of $84.31.

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Health Care Select Sector SPDR ETF Company Profile

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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Institutional Ownership by Quarter for Health Care Select Sector SPDR ETF (NYSEARCA:XLV)

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