Solutions 4 Wealth Ltd Buys Shares of 3,535 SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE)

Solutions 4 Wealth Ltd acquired a new position in shares of SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,535 shares of the company’s stock, valued at approximately $298,000. SPDR S&P Health Care Equipment ETF accounts for 1.0% of Solutions 4 Wealth Ltd’s portfolio, making the stock its 26th biggest position. Solutions 4 Wealth Ltd owned approximately 0.06% of SPDR S&P Health Care Equipment ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Raymond James & Associates raised its holdings in shares of SPDR S&P Health Care Equipment ETF by 102.6% during the third quarter. Raymond James & Associates now owns 16,650 shares of the company’s stock valued at $1,300,000 after buying an additional 8,431 shares during the last quarter. Financial Advocates Investment Management acquired a new position in SPDR S&P Health Care Equipment ETF during the 3rd quarter worth $2,597,000. Capital Investment Advisory Services LLC bought a new position in shares of SPDR S&P Health Care Equipment ETF in the third quarter worth $64,000. Millington Financial Advisors LLC increased its holdings in shares of SPDR S&P Health Care Equipment ETF by 3.3% during the third quarter. Millington Financial Advisors LLC now owns 34,002 shares of the company’s stock valued at $2,655,000 after purchasing an additional 1,094 shares during the period. Finally, Merit Financial Group LLC raised its stake in shares of SPDR S&P Health Care Equipment ETF by 9.5% during the third quarter. Merit Financial Group LLC now owns 6,371 shares of the company’s stock valued at $497,000 after purchasing an additional 554 shares in the last quarter.

SPDR S&P Health Care Equipment ETF Stock Performance

Shares of XHE stock traded up $0.95 during midday trading on Thursday, reaching $84.86. 7,341 shares of the company were exchanged, compared to its average volume of 32,371. The company has a market cap of $258.82 million, a P/E ratio of 30.13 and a beta of 1.12. SPDR S&P Health Care Equipment ETF has a 12 month low of $66.20 and a 12 month high of $99.68. The company’s 50 day moving average price is $84.67 and its two-hundred day moving average price is $80.90.

SPDR S&P Health Care Equipment ETF 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.