BNP Paribas Financial Markets Acquires New Position in SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE)

BNP Paribas Financial Markets bought a new position in SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 50,000 shares of the company’s stock, valued at approximately $4,426,000. BNP Paribas Financial Markets owned approximately 1.64% of SPDR S&P Health Care Equipment ETF at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of XHE. Kovitz Investment Group Partners LLC raised its position in SPDR S&P Health Care Equipment ETF by 5.9% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 5,575 shares of the company’s stock valued at $493,000 after purchasing an additional 311 shares during the period. JPMorgan Chase & Co. grew its stake in shares of SPDR S&P Health Care Equipment ETF by 0.3% in the fourth quarter. JPMorgan Chase & Co. now owns 101,858 shares of the company’s stock valued at $9,015,000 after buying an additional 317 shares in the last quarter. Belpointe Asset Management LLC raised its holdings in shares of SPDR S&P Health Care Equipment ETF by 4.9% in the 4th quarter. Belpointe Asset Management LLC now owns 7,808 shares of the company’s stock valued at $702,000 after buying an additional 366 shares during the period. Pacific Sun Financial Corp raised its holdings in shares of SPDR S&P Health Care Equipment ETF by 3.0% in the 4th quarter. Pacific Sun Financial Corp now owns 13,549 shares of the company’s stock valued at $1,199,000 after buying an additional 398 shares during the period. Finally, Jones Financial Companies Lllp lifted its stake in SPDR S&P Health Care Equipment ETF by 34.8% during the 4th quarter. Jones Financial Companies Lllp now owns 1,616 shares of the company’s stock worth $143,000 after acquiring an additional 417 shares in the last quarter.

SPDR S&P Health Care Equipment ETF Stock Performance

NYSEARCA XHE opened at $82.75 on Wednesday. The firm has a 50 day simple moving average of $79.75 and a 200-day simple moving average of $87.27. SPDR S&P Health Care Equipment ETF has a one year low of $71.25 and a one year high of $97.10. The firm has a market cap of $176.26 million, a price-to-earnings ratio of 32.57 and a beta of 1.01.

SPDR S&P Health Care Equipment ETF 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.