Modern Wealth Management LLC Acquires New Stake in SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE)

Modern Wealth Management LLC acquired a new position in shares of SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 15,706 shares of the company’s stock, valued at approximately $1,457,000. Modern Wealth Management LLC owned approximately 0.51% of SPDR S&P Health Care Equipment ETF at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in shares of SPDR S&P Health Care Equipment ETF by 1.5% during the third quarter. JPMorgan Chase & Co. now owns 101,541 shares of the company’s stock worth $9,190,000 after buying an additional 1,480 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in SPDR S&P Health Care Equipment ETF during the fourth quarter worth approximately $228,000. Jane Street Group LLC purchased a new stake in SPDR S&P Health Care Equipment ETF in the 3rd quarter worth approximately $1,614,000. Jones Financial Companies Lllp raised its holdings in SPDR S&P Health Care Equipment ETF by 34.8% in the 4th quarter. Jones Financial Companies Lllp now owns 1,616 shares of the company’s stock valued at $143,000 after acquiring an additional 417 shares during the last quarter. Finally, Wealthfront Advisers LLC lifted its stake in shares of SPDR S&P Health Care Equipment ETF by 381.0% during the 4th quarter. Wealthfront Advisers LLC now owns 19,149 shares of the company’s stock worth $1,695,000 after purchasing an additional 15,168 shares during the period.

SPDR S&P Health Care Equipment ETF Stock Down 0.9 %

XHE stock opened at $84.03 on Wednesday. The stock has a market capitalization of $189.07 million, a price-to-earnings ratio of 31.11 and a beta of 1.01. SPDR S&P Health Care Equipment ETF has a 52-week low of $80.71 and a 52-week high of $97.10. The stock’s fifty day simple moving average is $89.80 and its 200-day simple moving average is $89.83.

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.