Belpointe Asset Management LLC Reduces Stock Position in SPDR S&P Health Care Services ETF (NYSEARCA:XHS)

Belpointe Asset Management LLC lowered its position in shares of SPDR S&P Health Care Services ETF (NYSEARCA:XHS – Get Rating) by 66.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 432 shares of the company’s stock after selling 840 shares during the period. Belpointe Asset Management LLC’s holdings in SPDR S&P Health Care Services ETF were worth $37,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in XHS. Raymond James Financial Services Advisors Inc. boosted its position in SPDR S&P Health Care Services ETF by 3.6% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 10,215 shares of the company’s stock valued at $1,035,000 after buying an additional 356 shares during the period. Royal Bank of Canada raised its holdings in SPDR S&P Health Care Services ETF by 183.3% in the 1st quarter. Royal Bank of Canada now owns 21,087 shares of the company’s stock worth $2,136,000 after purchasing an additional 13,644 shares in the last quarter. LPL Financial LLC raised its holdings in SPDR S&P Health Care Services ETF by 4.4% in the 2nd quarter. LPL Financial LLC now owns 23,230 shares of the company’s stock worth $1,910,000 after purchasing an additional 983 shares in the last quarter. Citadel Advisors LLC bought a new position in SPDR S&P Health Care Services ETF in the 2nd quarter worth $744,000. Finally, Truist Financial Corp bought a new position in SPDR S&P Health Care Services ETF in the 3rd quarter worth $215,000.

SPDR S&P Health Care Services ETF Trading Down 1.5 %

Shares of NYSEARCA XHS opened at $86.30 on Friday. SPDR S&P Health Care Services ETF has a 12 month low of $77.44 and a 12 month high of $103.68. The firm has a market capitalization of $107.01 million, a PE ratio of 14.52 and a beta of 1.02. The firm has a fifty day simple moving average of $87.98 and a two-hundred day simple moving average of $88.25.

About SPDR S&P Health Care Services ETF

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The SPDR S&P Health Care Services ETF (XHS) is an exchange-traded fund that mostly invests in health care equity. The fund tracks an equal-weighted index of US health care services companies, as defined by GICS. XHS was launched on Sep 28, 2011 and is managed by State Street.