Foundations Investment Advisors LLC Purchases 8,369 Shares of SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE)

Foundations Investment Advisors LLC increased its holdings in SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) by 67.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,733 shares of the company’s stock after acquiring an additional 8,369 shares during the period. Foundations Investment Advisors LLC’s holdings in SPDR S&P Health Care Equipment ETF were worth $1,771,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Telemus Capital LLC bought a new stake in SPDR S&P Health Care Equipment ETF in the fourth quarter worth about $545,000. HighTower Advisors LLC grew its holdings in SPDR S&P Health Care Equipment ETF by 1.1% during the third quarter. HighTower Advisors LLC now owns 25,107 shares of the company’s stock valued at $1,954,000 after purchasing an additional 281 shares during the period. Merit Financial Group LLC increased its position in SPDR S&P Health Care Equipment ETF by 9.5% in the third quarter. Merit Financial Group LLC now owns 6,371 shares of the company’s stock worth $497,000 after buying an additional 554 shares during the last quarter. Atria Wealth Solutions Inc. raised its stake in shares of SPDR S&P Health Care Equipment ETF by 2.6% in the fourth quarter. Atria Wealth Solutions Inc. now owns 24,301 shares of the company’s stock valued at $2,048,000 after buying an additional 610 shares during the period. Finally, Bryn Mawr Capital Management LLC purchased a new position in shares of SPDR S&P Health Care Equipment ETF during the 3rd quarter valued at $320,000.

SPDR S&P Health Care Equipment ETF Trading Up 0.1 %

Shares of XHE stock traded up $0.11 on Thursday, hitting $87.83. 5,496 shares of the stock were exchanged, compared to its average volume of 30,290. The firm’s 50 day moving average is $84.62 and its two-hundred day moving average is $81.97. SPDR S&P Health Care Equipment ETF has a one year low of $66.20 and a one year high of $99.68. The firm has a market capitalization of $267.88 million, a PE ratio of 30.13 and a beta of 1.12.

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.