Health Care SPDR (XLV) Position Trimmed by Ingalls & Snyder LLC

Ingalls & Snyder LLC lowered its position in Health Care SPDR (NYSEARCA:XLV) by 28.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,456 shares of the exchange traded fund’s stock after selling 6,808 shares during the quarter. Ingalls & Snyder LLC’s holdings in Health Care SPDR were worth $1,443,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Oppenheimer Asset Management Inc. grew its stake in Health Care SPDR by 32.4% in the third quarter. Oppenheimer Asset Management Inc. now owns 51,049 shares of the exchange traded fund’s stock valued at $4,173,000 after purchasing an additional 12,506 shares in the last quarter. Summit Securities Group LLC purchased a new position in Health Care SPDR in the third quarter valued at about $425,000. RiverFront Investment Group LLC purchased a new position in Health Care SPDR in the third quarter valued at about $36,053,000. Hilton Capital Management LLC grew its stake in Health Care SPDR by 42.2% in the third quarter. Hilton Capital Management LLC now owns 10,215 shares of the exchange traded fund’s stock valued at $835,000 after purchasing an additional 3,030 shares in the last quarter. Finally, City Financial Investment Co Ltd purchased a new position in Health Care SPDR in the second quarter valued at about $10,380,000.

Shares of Health Care SPDR (NYSEARCA XLV) opened at $88.44 on Friday. The stock has a market capitalization of $17,800.00 and a PE ratio of 6.85. Health Care SPDR has a 52 week low of $68.75 and a 52 week high of $88.47.

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 26th. Stockholders of record on Monday, December 18th were paid a dividend of $0.3306 per share. This represents a $1.32 annualized dividend and a dividend yield of 1.50%. The ex-dividend date was Friday, December 15th. This is an increase from Health Care SPDR’s previous quarterly dividend of $0.30. Health Care SPDR’s dividend payout ratio is 9.44%.

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Health Care SPDR 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 SPDR (NYSEARCA:XLV)

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