SPDR Series Trust - SPDR S&P Health Care Equipment ETF is an exchange traded fund launched by State Street Global Advisors, Inc. It is managed by SSGA Funds Management, Inc. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across health care, health care equipment and services, health care equipment and supplies sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the S&P Health Care Equipment Select Industry Index, by using representative sampling technique. SPDR Series Trust - SPDR S&P Health Care Equipment ETF was formed on January 26, 2011 and is domiciled in the United States.
The Communication Services sector gained 4.8% while the market remained flat over the last week. More promisingly, the market is up 22% over the past year. As for the next few years, earnings are expected to grow by 15% per annum. Market details ›