Investors Buy Large Volume of Industrial Select Sector SPDR Fund Put Options (NYSEARCA:XLI)

Industrial Select Sector SPDR Fund (NYSEARCA:XLI) saw unusually large options trading activity on Thursday. Stock investors bought 188,201 put options on the company. This is an increase of approximately 447% compared to the average daily volume of 34,390 put options.

Industrial Select Sector SPDR Fund Stock Performance

Industrial Select Sector SPDR Fund stock traded up $0.57 during mid-day trading on Thursday, reaching $183.93. 2,308,345 shares of the company were exchanged, compared to its average volume of 11,040,363. The firm has a market cap of $33.18 billion, a P/E ratio of 24.30 and a beta of 0.98. The business has a fifty day moving average of $175.20 and a 200 day moving average of $169.39. Industrial Select Sector SPDR Fund has a 12-month low of $147.13 and a 12-month high of $186.09.

Institutional Investors Weigh In On Industrial Select Sector SPDR Fund

A number of hedge funds have recently made changes to their positions in the stock. Richards Merrill & Peterson Inc. purchased a new position in Industrial Select Sector SPDR Fund in the fourth quarter valued at about $25,000. Ankerstar Wealth LLC purchased a new stake in shares of Industrial Select Sector SPDR Fund during the fourth quarter valued at about $25,000. Main Street Group LTD purchased a new stake in shares of Industrial Select Sector SPDR Fund during the first quarter valued at about $28,000. Financial Network Wealth Advisors LLC boosted 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 valued at $30,000 after buying an additional 117 shares in the last quarter. Finally, Ransom Advisory Ltd purchased a new position in shares of Industrial Select Sector SPDR Fund in the 4th quarter worth approximately $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.