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

The Industrial Select Sector SPDR Fund (NYSE:XLI) was the recipient of some unusual options trading activity on Thursday. Investors bought 24,542 put options on the stock. This represents an increase of approximately 319% compared to the average daily volume of 5,852 put options.

Shares of The Industrial Select Sector SPDR Fund (NYSE:XLI) traded down 0.69% during trading on Tuesday, reaching $68.62. 1,856,997 shares of the company’s stock were exchanged. The company’s 50-day moving average price is $67.20 and its 200 day moving average price is $65.16. The Industrial Select Sector SPDR Fund has a 52 week low of $52.78 and a 52 week high of $69.19.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 26th. Stockholders of record on Tuesday, June 20th will be issued a dividend of $0.3236 per share. This represents a $1.29 annualized dividend and a dividend yield of 1.87%. The ex-dividend date is Friday, June 16th. This is a boost from The Industrial Select Sector SPDR Fund’s previous quarterly dividend of $0.30.

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About The 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.

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