Energy Select Sector SPDR Fund (NYSEARCA:XLE) Stock Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Energy Select Sector SPDR Fund (NYSEARCA:XLE)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $89.94 and traded as low as $87.26. Energy Select Sector SPDR Fund shares last traded at $88.08, with a volume of 20,015,229 shares traded.

Energy Select Sector SPDR Fund Stock Up 0.5 %

The firm’s 50-day moving average price is $89.67 and its 200 day moving average price is $89.91. The company has a market capitalization of $32.11 billion, a P/E ratio of 14.68 and a beta of 1.23.

Institutional Investors Weigh In On Energy Select Sector SPDR Fund

Institutional investors have recently added to or reduced their stakes in the company. Rialto Wealth Management LLC bought a new stake in Energy Select Sector SPDR Fund in the 4th quarter worth about $26,000. GKV Capital Management Co. Inc. bought a new stake in Energy Select Sector SPDR Fund in the 4th quarter worth about $26,000. Hager Investment Management Services LLC bought a new stake in Energy Select Sector SPDR Fund in the 4th quarter worth about $32,000. Vermillion Wealth Management Inc. bought a new stake in Energy Select Sector SPDR Fund in the 4th quarter worth about $33,000. Finally, Morling Financial Advisors LLC bought a new position in shares of Energy Select Sector SPDR Fund during the 4th quarter valued at approximately $34,000.

About Energy Select Sector SPDR Fund

Energy Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Energy Select Sector Index (the Index). The Index includes companies from the following industries oil, gas and consumable fuels, and energy equipment and services.