SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) Stock Holdings Lessened by Millington Financial Advisors LLC

Millington Financial Advisors LLC trimmed its stake in SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) by 6.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 31,697 shares of the company’s stock after selling 2,305 shares during the quarter. SPDR S&P Health Care Equipment ETF comprises 2.1% of Millington Financial Advisors LLC’s portfolio, making the stock its 13th largest holding. Millington Financial Advisors LLC’s holdings in SPDR S&P Health Care Equipment ETF were worth $2,671,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. AE Wealth Management LLC raised its position in SPDR S&P Health Care Equipment ETF by 9.9% during the third quarter. AE Wealth Management LLC now owns 7,087 shares of the company’s stock valued at $553,000 after acquiring an additional 639 shares in the last quarter. Raymond James & Associates grew its stake in shares of SPDR S&P Health Care Equipment ETF by 102.6% in the third quarter. Raymond James & Associates now owns 16,650 shares of the company’s stock worth $1,300,000 after acquiring an additional 8,431 shares during the last quarter. Financial Advocates Investment Management acquired a new stake in shares of SPDR S&P Health Care Equipment ETF in the third quarter worth $2,597,000. Capital Investment Advisory Services LLC acquired a new stake in shares of SPDR S&P Health Care Equipment ETF in the third quarter worth $64,000. Finally, Merit Financial Group LLC grew its stake in shares of 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 acquiring an additional 554 shares during the last quarter.

SPDR S&P Health Care Equipment ETF Price Performance

Shares of SPDR S&P Health Care Equipment ETF stock traded up $1.51 during midday trading on Tuesday, hitting $83.19. The company had a trading volume of 29,951 shares, compared to its average volume of 34,092. The business’s 50 day simple moving average is $85.09 and its two-hundred day simple moving average is $80.48. The stock has a market cap of $266.21 million, a PE ratio of 30.97 and a beta of 1.11. SPDR S&P Health Care Equipment ETF has a 1-year low of $66.20 and a 1-year 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.