ETF Flows Change: Health Care SPDR (ETF) Assets Now 0.54% Because Of $72.96M Net Inflows

ETF Flows Change: Health Care SPDR (ETF) Assets Now 0.54% Because Of $72.96M Net Inflows

Today were published Health Care SPDR (ETF) (NYSEARCA:XLV)‘s daily net flows. The ETF registered $72.96M asset inflows for 0.54% increase, reaching $13662.80M 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 increased 0.65% or $0.45 on November 29, hitting $69.41. It is down 2.57% since April 27, 2016 and is downtrending. It has underperformed by 7.80% 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 recent Health Care SPDR (ETF) (NYSEARCA:XLV) news were published by: Etfdailynews.com which released: “Traders Are Betting Heavily on More Healthcare Stock Declines” on October 27, 2016. Also Nasdaq.com published the news titled: “Mid-Day ETF Update: ETFs, Stocks Hold on To Gains as Upbeat Economic Data …” on November 29, 2016. Seekingalpha.com‘s news article titled: “Valuation Dashboard: Healthcare – Update” with publication date: November 09, 2016 was also an interesting one.

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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