Health Care SPDR (ETF) Received $241.95M Net Inflows After 1.91% Assets Increase

Today were published Health Care SPDR (ETF)’s daily net flows. The ETF registered $241.95M asset inflows for 1.91% increase, reaching $12940.07M after yestarday’s trading session. The chart of Health Care SPDR (ETF) shows positive short-term 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 0.15% or $0.11 on September 28, hitting $72.66. It is down 7.77% since February 25, 2016 and is uptrending. It has underperformed by 3.48% the S&P500.

The ETF’s YTD performance is 1.78%, the 1 year is 4.84% and the 3 year is 15.62%.

The ETF’s average P/E ratio is 19.7, the price to book is 3.12, the price to sales is 1.67 and the price to cashflow is 14.11. 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 11.83% of assets, Pfizer Inc. Common Stock for 7.60%, Merck & Company Inc. Common St for 6.26%, UnitedHealth Group Incorporated for 4.70%, Amgen Inc. for 4.60%, Medtronic plc. Ordinary Shares for 4.43%, Gilead Sciences Inc. for 3.76%, AbbVie Inc. Common Stock for 3.74%, Allergan plc Ordinary Shares for 3.53%, Bristol-Myers Squibb Company Co for 3.47%. The ETF sector weights are: Healthcare 97.54%, Industrials 1.76%, Technology 0.70%. The ETF currently as 0% yield.

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