Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE – Get Free Report)’s stock price was down 0.2% on Tuesday . The company traded as low as $42.42 and last traded at $42.50. Approximately 4,331,282 shares traded hands during mid-day trading, a decline of 36% from the average daily volume of 6,800,056 shares. The stock had previously closed at $42.59.
Real Estate Select Sector SPDR Fund Stock Performance
The firm has a fifty day simple moving average of $44.45 and a 200 day simple moving average of $43.86. The company has a market cap of $8.00 billion, a PE ratio of 39.18 and a beta of 0.96.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in XLRE. PeakShares LLC purchased a new position in Real Estate Select Sector SPDR Fund in the fourth quarter valued at about $991,000. Maven Securities LTD purchased a new position in shares of Real Estate Select Sector SPDR Fund in the fourth quarter valued at $2,018,000. Piedmont Capital Management LLC grew its holdings in Real Estate Select Sector SPDR Fund by 9.3% during the 4th quarter. Piedmont Capital Management LLC now owns 13,357 shares of the company’s stock valued at $539,000 after purchasing an additional 1,141 shares in the last quarter. KCM Investment Advisors LLC increased its stake in Real Estate Select Sector SPDR Fund by 15.6% during the 4th quarter. KCM Investment Advisors LLC now owns 136,603 shares of the company’s stock worth $5,512,000 after buying an additional 18,408 shares during the period. Finally, Monetary Management Group Inc. increased its stake in Real Estate Select Sector SPDR Fund by 4.7% during the 4th quarter. Monetary Management Group Inc. now owns 13,368 shares of the company’s stock worth $539,000 after buying an additional 600 shares during the period.
Real Estate Select Sector SPDR Fund Company Profile
The Real Estate Select Sector SPDR Fund (XLRE) is an exchange-traded fund that is based on the S&P Real Estate Select Sector index, a market-cap-weighted index of REITs and real estate stocks, excluding mortgage REITs, from the S&P 500. XLRE was launched on Oct 7, 2015 and is managed by State Street.
Featured Stories
- Five stocks we like better than Real Estate Select Sector SPDR Fund
- Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks
- Paychex Plunges, Providing the Entry Investors Have Been Waiting For
- The Case for Buying High-Yield General Mills Just Strengthened
- SanDisk’s $1,800 Breakout Turns Memory Hardware Into a Profit Story
Receive News & Ratings for Real Estate Select Sector SPDR Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Real Estate Select Sector SPDR Fund and related companies with MarketBeat.com's FREE daily email newsletter.
-company-of-china-ltd-logo-1200x675.jpg){kind=logo}