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

Energy Select Sector SPDR Fund (NYSEARCA:XLE) saw unusually large options trading activity on Tuesday. Investors purchased 134,222 call options on the company. This represents an increase of approximately 41% compared to the average volume of 95,395 call options.

Institutional Trading of Energy Select Sector SPDR Fund

Institutional investors have recently added to or reduced their stakes in the business. Wagner Wealth Management LLC grew its position in Energy Select Sector SPDR Fund by 270.3% during the third quarter. Wagner Wealth Management LLC now owns 274 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 200 shares during the period. Holos Integrated Wealth LLC purchased a new position in shares of Energy Select Sector SPDR Fund during the 4th quarter worth $26,000. Highline Wealth Partners LLC boosted its stake in shares of Energy Select Sector SPDR Fund by 588.2% during the 2nd quarter. Highline Wealth Partners LLC now owns 351 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 300 shares during the last quarter. GoalVest Advisory LLC grew its position in shares of Energy Select Sector SPDR Fund by 72.2% during the 3rd quarter. GoalVest Advisory LLC now owns 365 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 153 shares during the period. Finally, Roble Belko & Company Inc increased its stake in shares of Energy Select Sector SPDR Fund by 92.6% in the 3rd quarter. Roble Belko & Company Inc now owns 366 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 176 shares in the last quarter.

Energy Select Sector SPDR Fund Stock Up 1.6%

Energy Select Sector SPDR Fund stock traded up $0.76 during trading hours on Tuesday, hitting $47.10. The stock had a trading volume of 39,080,314 shares, compared to its average volume of 49,517,949. The stock’s 50-day moving average price is $45.09 and its 200-day moving average price is $44.24. The stock has a market capitalization of $28.42 billion, a P/E ratio of 15.59 and a beta of 0.77. Energy Select Sector SPDR Fund has a 12-month low of $37.24 and a 12-month high of $47.41.

Energy Select Sector SPDR Fund Company Profile

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