Industrial Select Sector SPDR Fund (NYSEARCA:XLI – Get Free Report)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $186.55 and last traded at $186.3050, with a volume of 6930960 shares. The stock had previously closed at $183.16.
Industrial Select Sector SPDR Fund Stock Performance
The company’s fifty day moving average price is $179.14 and its 200 day moving average price is $173.13. The firm has a market capitalization of $33.87 billion, a price-to-earnings ratio of 24.30 and a beta of 0.98.
Hedge Funds Weigh In On Industrial Select Sector SPDR Fund
Several institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE boosted its position in Industrial Select Sector SPDR Fund by 4.1% during the 1st quarter. Bank of America Corp DE now owns 12,326,564 shares of the exchange traded fund’s stock valued at $1,993,575,000 after purchasing an additional 491,019 shares during the period. Morgan Stanley lifted its stake in Industrial Select Sector SPDR Fund by 9.2% in the fourth quarter. Morgan Stanley now owns 9,884,699 shares of the exchange traded fund’s stock valued at $1,533,315,000 after buying an additional 835,625 shares during the last quarter. Wells Fargo & Company MN lifted its stake in Industrial Select Sector SPDR Fund by 31.6% in the fourth quarter. Wells Fargo & Company MN now owns 6,607,181 shares of the exchange traded fund’s stock valued at $1,024,906,000 after buying an additional 1,585,209 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of Industrial Select Sector SPDR Fund by 2.4% during the fourth quarter. LPL Financial LLC now owns 4,914,079 shares of the exchange traded fund’s stock valued at $762,272,000 after acquiring an additional 114,153 shares during the period. Finally, Phoenix Financial Ltd. boosted its holdings in shares of Industrial Select Sector SPDR Fund by 159.8% during the fourth quarter. Phoenix Financial Ltd. now owns 3,950,353 shares of the exchange traded fund’s stock valued at $612,778,000 after acquiring an additional 2,430,047 shares during the period.
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.
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