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). The Health Care Select Sector Index includes companies from the industries, such as pharmaceuticals, healthcare providers and services, healthcare equipment and supplies, biotechnology, life sciences tools and services, and healthcare technology. Under normal market conditions, the Fund generally invests substantially all, but at least 95%, of its total assets in the securities comprising the Index. State Street Global Advisors acts as the Fund's investment manager.
Basic Details
Issuer SSgA
Fund NameHealth Care Select Sector SPDR Fund
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:XLV
Inception Date12/16/1998
Fund ManagerMike Feehily, Karl Schneider, Dwayne Hancock
Phone+1-866-7872257
Fund Focus
Asset ClassEquity
BenchmarkS&P Health Care Select Sector TR USD
CategorySector
FocusHealth Care
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$15.56 billion
Average Daily Volume$8.25 million
Discount/Premium0.74%
ETF Expenses
Management Fee0.03%
Other Expenses0.10%
Total Expenses0.13%
Fee Waiver0.00%
Net Expenses0.13%
Administrator, Advisor and Custodian
AdministratorState Street Bank and Trust Company
AdvisorSSgA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorALPS Portfolio Solutions Distributor, Inc.
Transfer AgentState Street Bank and Trust Company
Trustee
Lead Market MakerCredit Suisse
Health Care SPDR (NYSEARCA:XLV) Frequently Asked Questions
What is Health Care SPDR's stock symbol?
Health Care SPDR trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "XLV."
How often does Health Care SPDR pay dividends? What is the dividend yield for Health Care SPDR?
Health Care SPDR announced a quarterly dividend on Friday, June 15th. Investors of record on Monday, June 18th will be paid a dividend of $0.316 per share on Wednesday, June 20th. This represents a $1.26 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date is Friday, June 15th. This is a boost from Health Care SPDR's previous quarterly dividend of $0.30. View Health Care SPDR's Dividend History.
Are investors shorting Health Care SPDR?
Health Care SPDR saw a decline in short interest during the month of May. As of May 31st, there was short interest totalling 16,611,600 shares, a decline of 17.8% from the May 15th total of 20,210,918 shares. Based on an average trading volume of 8,815,246 shares, the days-to-cover ratio is currently 1.9 days. View Health Care SPDR's Current Options Chain.
Who are Health Care SPDR's key executives?
Health Care SPDR's management team includes the folowing people:
- Michael Feehily, Member of the Management Board
- John A. Tucker, Member of the Management Board (Age 1)
Has Health Care SPDR been receiving favorable news coverage?
Media coverage about XLV stock has been trending somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Health Care SPDR earned a coverage optimism score of 0.17 on Accern's scale. They also assigned media stories about the exchange traded fund an impact score of 46.34 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are Health Care SPDR's major shareholders?
Health Care SPDR's stock is owned by a variety of of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (3.51%), Swan Global Investments LLC (2.72%), Migdal Insurance & Financial Holdings Ltd. (0.79%), Psagot Investment House Ltd. (0.76%), LPL Financial LLC (0.64%) and Natixis (0.48%). View Institutional Ownership Trends for Health Care SPDR.
Which institutional investors are selling Health Care SPDR stock?
XLV stock was sold by a variety of institutional investors in the last quarter, including AGF Investments Inc., Caisse DE Depot ET Placement DU Quebec, LPL Financial LLC, Psagot Investment House Ltd., Timber Hill LLC, Envestnet Asset Management Inc., Stifel Financial Corp and Cetera Advisor Networks LLC. View Insider Buying and Selling for Health Care SPDR.
Which institutional investors are buying Health Care SPDR stock?
XLV stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Mizuho Bank Ltd., BB&T Securities LLC, Wharton Business Group LLC, Cavalier Investments LLC, WestEnd Advisors LLC, Main Management ETF Advisors LLC and Welch Capital Partners LLC NY. View Insider Buying and Selling for Health Care SPDR.
How do I buy shares of Health Care SPDR?
Shares of XLV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Health Care SPDR's stock price today?
One share of XLV stock can currently be purchased for approximately $84.93.
How big of a company is Health Care SPDR?
Health Care SPDR has a market capitalization of $16.15 billion.
How can I contact Health Care SPDR?
Health Care SPDR's mailing address is One Lincoln Street, Boston, 02111, United States. The exchange traded fund can be reached via phone at +1-866-7872257.
MarketBeat Community Rating for Health Care SPDR (XLV)
MarketBeat's community ratings are surveys of what our community members think about Health Care SPDR and other stocks. Vote "Outperform" if you believe XLV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe XLV will underperform the S&P 500 over the long term. You may vote once every thirty days.
