XHE- Top Stock Picks- Possible Long- Momentum TradeMomentum trade.
Could trail SL, with initial SL set at 10 pips below 200EMA.
Peace & Love.
Key stats
About SPDR S&P Health Care Equipment
Expense ratio
0.35%
Home page
Inception date
Jan 26, 2011
XHE offers equal-weight exposure to US companies in the health care equipment & supplies business. While XHE's holdings encompass all cap sizes, its weighted average market cap is only a fraction of the market's, giving it a significant small-cap tilt. XHE is not for everyone--it targets an extremely narrow market. Yet, XHE provides an alternative play for healthcare investors aiming to avoid the heavy hand of big pharma and service providers that dominate the broader industry. The index is rebalanced quarterly.
Classification
What's in the fund
Exposure type
Health Technology
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.