MGB Wealth Management LLC Decreases Stake in SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE)

MGB Wealth Management LLC reduced its stake in shares of SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) by 5.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,930 shares of the company’s stock after selling 224 shares during the period. MGB Wealth Management LLC owned approximately 0.13% of SPDR S&P Health Care Equipment ETF worth $356,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Bank of Montreal Can boosted its position in shares of SPDR S&P Health Care Equipment ETF by 49.6% during the 2nd quarter. Bank of Montreal Can now owns 5,749 shares of the company’s stock worth $485,000 after purchasing an additional 1,907 shares in the last quarter. First Heartland Consultants Inc. boosted its position in shares of SPDR S&P Health Care Equipment ETF by 52.3% during the 2nd quarter. First Heartland Consultants Inc. now owns 5,778 shares of the company’s stock worth $488,000 after purchasing an additional 1,983 shares in the last quarter. Atria Investments Inc boosted its position in shares of SPDR S&P Health Care Equipment ETF by 10.5% during the 3rd quarter. Atria Investments Inc now owns 6,658 shares of the company’s stock worth $603,000 after purchasing an additional 631 shares in the last quarter. Clear Creek Financial Management LLC boosted its position in shares of SPDR S&P Health Care Equipment ETF by 1.8% during the 2nd quarter. Clear Creek Financial Management LLC now owns 17,959 shares of the company’s stock worth $1,516,000 after purchasing an additional 310 shares in the last quarter. Finally, Cetera Investment Advisers acquired a new position in shares of SPDR S&P Health Care Equipment ETF during the 1st quarter worth $2,224,000.

SPDR S&P Health Care Equipment ETF Stock Up 0.7 %

NYSEARCA:XHE opened at $91.44 on Friday. The company has a market capitalization of $278.89 million, a PE ratio of 30.13 and a beta of 1.12. SPDR S&P Health Care Equipment ETF has a 52-week low of $73.93 and a 52-week high of $93.81. The stock has a fifty day simple moving average of $89.10 and a 200-day simple moving average of $87.07.

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.