The State Street Health Care Select Sector SPDR ETF (XLV) experienced a significant outflow of approximately $411.5 million, marking a 1.0% decrease in shares outstanding from 262,565,324 to 259,915,324 over the past week. This decrease comes as Intuitive Surgical Inc (ISRG) is down about 0.7%, Amgen Inc (AMGN) sees a slight rise of 0.2%, and Medtronic PLC (MDT) is down by 0.1%.
In a one-year review, XLV’s share price has fluctuated between a low of $127.35 and a high of $158.95, with the latest trading price reported at $155.28. The ETF’s performance is now being compared against its 200-day moving average, which may offer insight into its future price movements.
