Industrial Select Sector SPDR Fund Target of Unusually Large Options Trading (NYSEARCA:XLI)

Industrial Select Sector SPDR Fund (NYSEARCA:XLI) saw some unusual options trading activity on Tuesday. Traders bought 76,035 put options on the company. This represents an increase of 107% compared to the average volume of 36,681 put options.

Industrial Select Sector SPDR Fund Trading Up 1.1%

Shares of Industrial Select Sector SPDR Fund stock traded up $2.03 on Tuesday, reaching $180.71. 4,437,127 shares of the stock were exchanged, compared to its average volume of 11,336,692. Industrial Select Sector SPDR Fund has a 1-year low of $141.28 and a 1-year high of $181.10. The business has a fifty day moving average price of $172.48 and a two-hundred day moving average price of $167.07. The firm has a market capitalization of $31.29 billion, a PE ratio of 24.30 and a beta of 0.99.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in XLI. Richards Merrill & Peterson Inc. acquired a new position in shares of Industrial Select Sector SPDR Fund during the fourth quarter worth about $25,000. Ankerstar Wealth LLC acquired a new position in shares of Industrial Select Sector SPDR Fund during the fourth quarter worth about $25,000. Main Street Group LTD acquired a new position in shares of Industrial Select Sector SPDR Fund during the first quarter worth about $28,000. Financial Network Wealth Advisors LLC increased its stake in shares of Industrial Select Sector SPDR Fund by 148.1% during the fourth quarter. Financial Network Wealth Advisors LLC now owns 196 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 117 shares during the period. Finally, Ransom Advisory Ltd acquired a new position in shares of Industrial Select Sector SPDR Fund during the fourth quarter worth about $31,000.

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.