Today were released Health Care SPDR (ETF) (NYSEARCA:XLV)‘s weekly net flows. The ETF registered $1663.93M weekly asset inflows for 14.21% increase, reaching $13373.77M last week. The chart of Health Care SPDR (ETF) shows positive 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 inflows create excess cash for managers to invest, which theoretically creates demand for the etf’s holdings. The ETF decreased 1.50% or $1.07 on November 11, hitting $70.49. Health Care SPDR (ETF) (NYSEARCA:XLV) has risen 1.60% since April 12, 2016 and is uptrending. It has underperformed by 3.38% the S&P500.
The ETF’s YTD performance is -5.41%, the 1 year is -4.08% and the 3 year is 10.09%.
The ETF’s average P/E ratio is 18.61, the price to book is 2.9, the price to sales is 1.56 and the price to cashflow is 13.17. Health Care SPDR (ETF) is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: Johnson & Johnson Common Stock for 12.28% of assets, Pfizer Inc. Common Stock for 7.44%, Merck & Company Inc. Common St for 6.28%, UnitedHealth Group Incorporated for 5.25%, Medtronic plc. Ordinary Shares for 4.41%, Amgen Inc. for 4.09%, Gilead Sciences Inc. for 3.76%, AbbVie Inc. Common Stock for 3.51%, Allergan plc Ordinary Shares for 3.38%, Bristol-Myers Squibb Company Co for 3.31%. The ETF sector weights are: Healthcare 97.47%, Industrials 1.85%, Technology 0.68%. The ETF currently as 0% yield.
More important recent Health Care SPDR (ETF) (NYSEARCA:XLV) news were published by: Seekingalpha.com which released: “Valuation Dashboard: Healthcare – Update” on November 09, 2016, also Etfdailynews.com published article titled: “Traders Are Betting Heavily on More Healthcare Stock Declines”, Seekingalpha.com published: “Trump backpedals on Obamacare repeal” on November 11, 2016. More interesting news about Health Care SPDR (ETF) (NYSEARCA:XLV) was released by: Etfdailynews.com and their article: “Are Health Care ETFs a Buy Heading Into Earnings Season?” with publication date: October 24, 2016.
XLV Company Profile
Health Care Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond to the price and yield performance of the Health Care Select Sector of the S&P 500 Index (the Index). The Index includes companies whose primary business may include healthcare equipment and supplies, healthcare services, biotechnology and pharmaceuticals.
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