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

Industrial Select Sector SPDR Fund (NYSEARCA:XLI) was the recipient of unusually large options trading activity on Thursday. Traders bought 52,665 put options on the stock. This represents an increase of approximately 95% compared to the typical volume of 26,953 put options.

Industrial Select Sector SPDR Fund Stock Performance

NYSEARCA:XLI traded down $0.13 during midday trading on Friday, reaching $167.76. 9,313,944 shares of the stock traded hands, compared to its average volume of 9,518,485. Industrial Select Sector SPDR Fund has a 12-month low of $147.13 and a 12-month high of $188.19. The business has a 50-day moving average of $173.92 and a two-hundred day moving average of $175.18. The stock has a market capitalization of $30.55 billion, a PE ratio of 24.30 and a beta of 0.98.

Hedge Funds Weigh In On Industrial Select Sector SPDR Fund

A number of large investors have recently made changes to their positions in the business. 180 Wealth Advisors LLC boosted its position in shares of Industrial Select Sector SPDR Fund by 2.9% in the 2nd quarter. 180 Wealth Advisors LLC now owns 2,095 shares of the exchange traded fund’s stock worth $388,000 after purchasing an additional 60 shares in the last quarter. NFSG Corp increased its position in Industrial Select Sector SPDR Fund by 4.1% during the 1st quarter. NFSG Corp now owns 1,552 shares of the exchange traded fund’s stock valued at $251,000 after buying an additional 61 shares in the last quarter. Nilsine Partners LLC increased its position in Industrial Select Sector SPDR Fund by 0.3% during the 2nd quarter. Nilsine Partners LLC now owns 18,600 shares of the exchange traded fund’s stock valued at $3,445,000 after buying an additional 61 shares in the last quarter. Cvfg LLC increased its position in Industrial Select Sector SPDR Fund by 2.3% during the 1st quarter. Cvfg LLC now owns 2,854 shares of the exchange traded fund’s stock valued at $462,000 after buying an additional 65 shares in the last quarter. Finally, Whitener Capital Management Inc. raised its stake in Industrial Select Sector SPDR Fund by 2.9% in the second quarter. Whitener Capital Management Inc. now owns 2,309 shares of the exchange traded fund’s stock valued at $428,000 after buying an additional 65 shares during the last quarter.

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.