XLV Dark Pool Activity
ATS off-exchange volume intelligence · Week of 2026-07-20
XLV dark pool volume for the week of 2026-07-20: 5.7M shares traded across 27 ATS venues with a total notional value of $916.6M. Volume is down 22.7% week-over-week. Off-exchange dark pool transactions account for 10.4% of total XLV market volume — within the normal institutional baseline range. Primary routing venues include , INTELLIGENT CROSS LLC, UBS ATS.
Dark pool activity in XLV reflects institutional order flow executing on Alternative Trading Systems (ATS) registered with the SEC — private venues where large-block trades are matched away from public exchanges to minimize price impact. StonkWhisper ingests FINRA-published ATS volume data to track these off-exchange flows. Sustained elevation in dark pool percentage — particularly when concentrated at specific venues — can indicate institutional accumulation or distribution ahead of significant price moves. The interactive charts below show 12-week historical volume and complete venue breakdown for XLV.
Weekly History
| Week | Shares | DP % | WoW |
|---|---|---|---|
| 2026-07-20 | 5.7M | 10.4% | -22.7% |
| 2026-07-13 | 7.4M | — | -15.9% |
| 2026-07-06 | 8.8M | — | +19.6% |
| 2026-06-29 | 7.3M | — | -10.3% |
| 2026-06-22 | 8.2M | — | +40.4% |
| 2026-06-15 | 5.8M | — | -33.0% |
| 2026-06-08 | 8.7M | — | -18.9% |
| 2026-06-01 | 10.7M | 20.1% | +50.3% |
| 2026-05-25 | 7.1M | 13.4% | -11.6% |
| 2026-05-18 | 8.1M | 15.1% | -15.3% |
| 2026-05-11 | 9.5M | 17.9% | +14.6% |
| 2026-05-04 | 8.3M | 15.6% | -9.9% |