Health Care Select Sector SPDR Fund Target of Unusually Large Options Trading (NYSEARCA:XLV)

Health Care Select Sector SPDR Fund (NYSEARCA:XLV) was the recipient of some unusual options trading on Monday. Stock traders bought 21,699 call options on the company. This is an increase of approximately 51% compared to the average volume of 14,380 call options.

Health Care Select Sector SPDR Fund Trading Up 0.4%

Shares of NYSEARCA XLV traded up $0.60 during midday trading on Monday, hitting $150.00. The company’s stock had a trading volume of 7,493,347 shares, compared to its average volume of 12,461,801. Health Care Select Sector SPDR Fund has a 12-month low of $127.96 and a 12-month high of $160.59. The firm has a market cap of $39.32 billion, a P/E ratio of 21.15 and a beta of 0.58. The business’s 50 day moving average is $148.10 and its two-hundred day moving average is $151.84.

Institutional Trading of Health Care Select Sector SPDR Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of XLV. Decker Retirement Planning Inc. grew its holdings in Health Care Select Sector SPDR Fund by 336.8% during the 4th quarter. Decker Retirement Planning Inc. now owns 166 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 128 shares in the last quarter. Axiom Investment Management LLC bought a new stake in shares of Health Care Select Sector SPDR Fund in the 1st quarter valued at about $25,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Health Care Select Sector SPDR Fund in the 4th quarter worth approximately $27,000. Financial Management Professionals Inc. purchased a new stake in shares of Health Care Select Sector SPDR Fund in the 4th quarter worth approximately $29,000. Finally, Strategic Advocates LLC purchased a new stake in shares of Health Care Select Sector SPDR Fund in the 3rd quarter worth approximately $27,000.

About Health Care Select Sector SPDR Fund

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). The Health Care Select Sector Index includes companies from the industries, such as pharmaceuticals, healthcare providers and services, healthcare equipment and supplies, biotechnology, life sciences tools and services, and healthcare technology.