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

Industrial Select Sector SPDR Fund (NYSEARCA:XLI) was the target of some unusual options trading activity on Friday. Stock investors purchased 136,986 put options on the company. This is an increase of 240% compared to the average volume of 40,270 put options.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Cornerstone Planning Group LLC boosted its position in shares of Industrial Select Sector SPDR Fund by 118.7% in the 3rd quarter. Cornerstone Planning Group LLC now owns 164 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 89 shares in the last quarter. Richards Merrill & Peterson Inc. purchased a new position in Industrial Select Sector SPDR Fund in the 4th quarter worth approximately $25,000. Ankerstar Wealth LLC bought a new stake in shares of Industrial Select Sector SPDR Fund in the 4th quarter worth $25,000. Main Street Group LTD bought a new stake in shares of Industrial Select Sector SPDR Fund in the 1st quarter worth $28,000. Finally, Financial Network Wealth Advisors LLC increased its holdings in shares of Industrial Select Sector SPDR Fund by 148.1% in the 4th quarter. Financial Network Wealth Advisors LLC now owns 196 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 117 shares in the last quarter.

Industrial Select Sector SPDR Fund Stock Down 1.8%

Shares of NYSEARCA:XLI traded down $3.11 during trading on Friday, hitting $171.40. The stock had a trading volume of 7,823,377 shares, compared to its average volume of 12,069,642. Industrial Select Sector SPDR Fund has a 12 month low of $139.63 and a 12 month 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. The firm’s fifty day moving average is $169.08 and its 200 day moving average is $163.88.

About Industrial Select Sector SPDR Fund

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.