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

Industrial Select Sector SPDR Fund (NYSEARCA:XLIGet Free Report) was the target of unusually large options trading activity on Tuesday. Stock investors bought 153,614 put options on the company. This represents an increase of 177% compared to the average daily volume of 55,403 put options.

Institutional Trading of Industrial Select Sector SPDR Fund

Large investors have recently added to or reduced their stakes in the business. Richards Merrill & Peterson Inc. bought a new stake in Industrial Select Sector SPDR Fund during the fourth quarter worth approximately $25,000. Ankerstar Wealth LLC purchased a new position in shares of Industrial Select Sector SPDR Fund during the 4th quarter valued at $25,000. Cornerstone Planning Group LLC increased its stake in shares of Industrial Select Sector SPDR Fund by 118.7% in the third quarter. Cornerstone Planning Group LLC now owns 164 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 89 shares during the last quarter. Financial Network Wealth Advisors LLC increased its stake in shares of Industrial Select Sector SPDR Fund by 148.1% in 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 last quarter. Finally, Chung Wu Investment Group LLC purchased a new stake in shares of Industrial Select Sector SPDR Fund during the third quarter worth $31,000.

Industrial Select Sector SPDR Fund Trading Up 1.2%

NYSEARCA:XLI traded up $2.14 during mid-day trading on Tuesday, hitting $176.97. The company had a trading volume of 8,466,996 shares, compared to its average volume of 12,229,237. The business has a fifty day simple moving average of $164.71 and a 200-day simple moving average of $156.97. The firm has a market capitalization of $29.94 billion, a price-to-earnings ratio of 24.30 and a beta of 1.07. Industrial Select Sector SPDR Fund has a 1 year low of $112.75 and a 1 year high of $178.22.

About Industrial Select Sector SPDR Fund

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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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