01:44 PM EDT, 04/11/2024 (MT Newswires) -- Health care stocks were softer Thursday afternoon, with the NYSE Health Care Index decreasing 0.2% and the Health Care Select Sector SPDR Fund (XLV) down 0.1%.

The iShares Biotechnology ETF (IBB) rose 0.5%.

In corporate news, UnitedHealth ( UNH ) Chairman Stephen Hemsley and three senior executives sold a combined $101.5 million worth of stock in the four months before a federal antitrust investigation became public knowledge, Bloomberg reported Thursday. UnitedHealth ( UNH ) shares were falling 1.2%.