Nomura Asset Management Co. Ltd. lowered its stake in Health Care SPDR (NYSEARCA:XLV) by 66.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 10,700 shares of the exchange traded fund’s stock after selling 21,580 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Health Care SPDR were worth $885,000 as of its most recent filing with the SEC.
Other institutional investors also recently added to or reduced their stakes in the company. Front Row Advisors LLC purchased a new position in Health Care SPDR in the 4th quarter valued at $104,000. SeaCrest Wealth Management LLC purchased a new position in Health Care SPDR in the 4th quarter valued at $116,000. Cerebellum GP LLC purchased a new position in Health Care SPDR in the 4th quarter valued at $128,000. WealthTrust Arizona LLC purchased a new position in Health Care SPDR in the 4th quarter valued at $129,000. Finally, Crewe Advisors LLC purchased a new position in Health Care SPDR in the 4th quarter valued at $131,000.
Health Care SPDR stock opened at $85.39 on Monday. The firm has a market capitalization of $16,150.00 and a price-to-earnings ratio of 6.61. Health Care SPDR has a fifty-two week low of $72.33 and a fifty-two week high of $91.79.
COPYRIGHT VIOLATION NOTICE: This piece was posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this piece on another domain, it was stolen and reposted in violation of international trademark & copyright laws. The correct version of this piece can be viewed at https://stocknewstimes.com/2018/03/19/health-care-spdr-xlv-shares-sold-by-nomura-asset-management-co-ltd.html.
Health Care SPDR 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).
Receive News & Ratings for Health Care SPDR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Health Care SPDR and related companies with MarketBeat.com's FREE daily email newsletter.