Today were released Health Care Select Sector SPDR ETF (XLV)’s weekly net flows. The ETF registered $-107.05M weekly asset outflows for -0.78% decrease, reaching $13564.45M last week. The chart of Health Care Select Sector SPDR ETF (XLV) shows negative weekly setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The ETF decreased 1.51% or $1.08 on December 11, hitting $70.3. Health Care SPDR (ETF) (NYSEARCA:XLV) has declined 4.34% since May 11, 2015 and is downtrending. It has outperformed by 0.07% the S&P500. More notable recent Health Care SPDR (ETF) (NYSEARCA:XLV) news were published by: Benzinga.com which released: “Investors Are Fleeing Small-Caps In Record Numbers, Piling Into Technology” on December 11, 2015, also Forbes.com with their article: “Friday Sector Leaders: Utilities, Healthcare” published on December 11, 2015, Seekingalpha.com published: “A Seasonal Healthcare Portfolio Using VHT” on November 17, 2015. More interesting news about Health Care SPDR (ETF) (NYSEARCA:XLV) were released by: Benzinga.com and their article: “Carter Worth And Mike Khouw’s Johnson & Johnson Trade” published on December 07, 2015 as well as Forbes.com‘s news article titled: “Tuesday Sector Leaders: Healthcare, Technology & Communications” with publication date: December 01, 2015.
The ETF’s YTD performance is 5.03%, the 1 year is 3.55% and the 3 year is 22.8%.
The investment seeks investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in the Health Care Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: pharmaceuticals; health care equipment & supplies; health care providers & services; biotechnology; life sciences tools & services; and health care technology. The fund is non-diversified.
The ETF’s average P/E ratio is 21.73, the price to book is 3.4, the price to sales is 1.98 and the price to cashflow is 14.1. Health Care Select Sector SPDR ETF (XLV) is in the ETF category: Health, is part of SPDR State Street Global Advisors fund family and currently has $13.70B net assets. It was started on 12/16/1998. The fund’s top holdings are: Johnson & Johnson Common Stock for 10.41% of assets, Pfizer Inc. Common Stock for 7.50%, Gilead Sciences Inc. for 5.77%, Merck & Company Inc. Common St for 5.54%, Allergan plc Ordinary Shares for 4.84%, Amgen Inc. for 4.54%, Bristol-Myers Squibb Company Co for 4.17%, UnitedHealth Group Incorporated for 4.02%, Medtronic plc. Ordinary Shares for 3.97%, AbbVie Inc. Common Stock for 3.57%. The ETF sector weights are: Healthcare 99.31%, Technology 0.69%. The ETF currently as 1.39% yield.
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