Stock Traders Purchase Large Volume of Energy Select Sector SPDR Fund Call Options (NYSEARCA:XLE)

Energy Select Sector SPDR Fund (NYSEARCA:XLE) was the target of unusually large options trading activity on Tuesday. Stock investors bought 134,222 call options on the stock. This represents an increase of 41% compared to the typical volume of 95,395 call options.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in XLE. Brighton Jones LLC boosted its holdings in shares of Energy Select Sector SPDR Fund by 51.5% during the 4th quarter. Brighton Jones LLC now owns 9,363 shares of the exchange traded fund’s stock valued at $802,000 after buying an additional 3,181 shares in the last quarter. AQR Capital Management LLC lifted its position in Energy Select Sector SPDR Fund by 8.6% during the 1st quarter. AQR Capital Management LLC now owns 31,187 shares of the exchange traded fund’s stock valued at $2,914,000 after acquiring an additional 2,480 shares during the period. Gallacher Capital Management LLC bought a new stake in Energy Select Sector SPDR Fund during the second quarter worth about $401,000. Moulton Wealth Management Inc. purchased a new stake in Energy Select Sector SPDR Fund in the second quarter worth about $686,000. Finally, Legacy Private Trust Co. purchased a new stake in shares of Energy Select Sector SPDR Fund in the second quarter worth $407,000.

Energy Select Sector SPDR Fund Stock Up 1.6%

Shares of XLE traded up $0.76 during trading hours on Tuesday, reaching $47.10. 39,080,314 shares of the company traded hands, compared to its average volume of 49,517,949. Energy Select Sector SPDR Fund has a 12 month low of $37.24 and a 12 month high of $47.41. The company’s fifty day moving average price is $45.09 and its two-hundred day moving average price is $44.24. The company has a market capitalization of $28.42 billion, a price-to-earnings ratio of 15.59 and a beta of 0.77.

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. The Fund’s investment advisor is SSgA Funds Management, Inc