Utilities SPDR (ETF) Sees Unusually High Options Volume (XLU)
Utilities SPDR (ETF) (NYSE:XLU) was the target of some unusual options trading on Thursday. Stock traders purchased 19,789 put options on the company, AnalystRatingsNetwork.com reports. This is an increase of approximately 183% compared to the average volume of 6,991 put options.
Shares of Utilities SPDR (NYSE:XLU) traded down 0.05% on Thursday, hitting $43.08. 9,236,748 shares of the company’s stock traded hands. Utilities SPDR has a 52-week low of $36.63 and a 52-week high of $44.36. The stock’s 50-day moving average is $42.13 and its 200-day moving average is $42.01.
Select Sector Utilities Select Sector SPDR Fund (NYSE:XLU), formerly Utilities Select Sector SPDR Fund, seeks to provide investment results that correspond to the price and yield performance of the Utilities Select Sector of the S&P 500 Index (the Index).