Ayalon Holdings Ltd. Purchases New Holdings in Health Care SPDR (XLV)

Ayalon Holdings Ltd. purchased a new position in shares of Health Care SPDR (NYSEARCA:XLV) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 95,170 shares of the exchange traded fund’s stock, valued at approximately $7,869,000. Health Care SPDR accounts for about 6.4% of Ayalon Holdings Ltd.’s investment portfolio, making the stock its 6th biggest position.

A number of other large investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its holdings in Health Care SPDR by 33.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,104,872 shares of the exchange traded fund’s stock valued at $577,269,000 after acquiring an additional 1,786,387 shares in the last quarter. Swan Global Investments LLC raised its holdings in Health Care SPDR by 6.0% in the 3rd quarter. Swan Global Investments LLC now owns 4,973,887 shares of the exchange traded fund’s stock valued at $404,128,000 after acquiring an additional 280,357 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in Health Care SPDR by 6.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,556,515 shares of the exchange traded fund’s stock valued at $208,846,000 after acquiring an additional 156,306 shares in the last quarter. State Street Corp raised its holdings in Health Care SPDR by 937.9% in the 2nd quarter. State Street Corp now owns 1,785,625 shares of the exchange traded fund’s stock valued at $141,492,000 after acquiring an additional 1,613,582 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in Health Care SPDR by 14.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 1,679,910 shares of the exchange traded fund’s stock valued at $137,299,000 after acquiring an additional 208,955 shares in the last quarter.

Health Care SPDR (NYSEARCA XLV) opened at $86.82 on Tuesday. The firm has a market capitalization of $17,700.00 and a price-to-earnings ratio of 6.72. Health Care SPDR has a fifty-two week low of $68.75 and a fifty-two week high of $86.92.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 26th. Shareholders of record on Monday, December 18th were issued a $0.3306 dividend. The ex-dividend date was Friday, December 15th. This is a boost from Health Care SPDR’s previous quarterly dividend of $0.30. This represents a $1.32 annualized dividend and a yield of 1.52%. Health Care SPDR’s payout ratio is currently 9.44%.

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Health Care SPDR Company 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).

Want to see what other hedge funds are holding XLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Health Care SPDR (NYSEARCA:XLV).

Institutional Ownership by Quarter for Health Care SPDR (NYSEARCA:XLV)

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