Industrial Select Sector SPDR Fund Sees Unusually High Options Volume (NYSEARCA:XLI)

Industrial Select Sector SPDR Fund (NYSEARCA:XLI) saw some unusual options trading activity on Friday. Stock investors bought 136,986 put options on the stock. This is an increase of approximately 240% compared to the typical volume of 40,270 put options.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of XLI. Harel Insurance Investments & Financial Services Ltd. boosted its position in Industrial Select Sector SPDR Fund by 3,790.3% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,931,874 shares of the exchange traded fund’s stock valued at $474,164,000 after buying an additional 2,856,510 shares during the period. Phoenix Financial Ltd. raised its stake in shares of Industrial Select Sector SPDR Fund by 159.8% during the fourth quarter. Phoenix Financial Ltd. now owns 3,950,353 shares of the exchange traded fund’s stock valued at $612,778,000 after acquiring an additional 2,430,047 shares during the last quarter. Focus Partners Wealth boosted its holdings in shares of Industrial Select Sector SPDR Fund by 814.7% during the third quarter. Focus Partners Wealth now owns 2,074,413 shares of the exchange traded fund’s stock worth $319,937,000 after purchasing an additional 1,847,618 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of Industrial Select Sector SPDR Fund by 31.6% during the fourth quarter. Wells Fargo & Company MN now owns 6,607,181 shares of the exchange traded fund’s stock worth $1,024,906,000 after purchasing an additional 1,585,209 shares during the period. Finally, Menora Mivtachim Holdings LTD. grew its stake in shares of Industrial Select Sector SPDR Fund by 51.5% in the third quarter. Menora Mivtachim Holdings LTD. now owns 3,528,840 shares of the exchange traded fund’s stock worth $544,253,000 after purchasing an additional 1,200,000 shares during the last quarter.

Industrial Select Sector SPDR Fund Stock Down 1.8%

NYSEARCA:XLI traded down $3.11 during midday trading on Friday, hitting $171.40. The company had a trading volume of 7,823,377 shares, compared to its average volume of 12,069,642. The stock’s fifty day moving average price is $169.08 and its 200-day moving average price is $163.88. Industrial Select Sector SPDR Fund has a 52-week low of $139.63 and a 52-week high of $179.30. The company has a market capitalization of $29.67 billion, a PE ratio of 24.30 and a beta of 1.01.

Industrial Select Sector SPDR Fund Company Profile

Industrial Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of publicly traded equity securities of companies in The Industrial Select Sector Index (the Index). The Index includes companies from the following industries, aerospace and defense; industrial conglomerates; machinery; road and rail; air freight & logistics; commercial services & supplies; professional services; electrical equipment; construction and engineering; trading companies and distributors; airlines, and building products.