Traders Purchase Large Volume of Put Options on Utilities SPDR (NYSE:XLU)
Utilities SPDR (NYSE:XLU) saw unusually large options trading activity on Wednesday. Stock traders purchased 37,305 put options on the stock. This is an increase of 144% compared to the typical daily volume of 15,281 put options.
Shares of Utilities SPDR (NYSE XLU) opened at 51.49 on Friday. The company has a 50 day moving average of $53.19 and a 200 day moving average of $50.95. Utilities SPDR has a 52-week low of $45.33 and a 52-week high of $54.63.
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 26th. Shareholders of record on Tuesday, June 20th were issued a dividend of $0.4369 per share. This represents a $1.75 annualized dividend and a yield of 3.39%. The ex-dividend date of this dividend was Friday, June 16th. This is an increase from Utilities SPDR’s previous quarterly dividend of $0.39.
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Utilities SPDR Company Profile
Select Sector Utilities Select Sector SPDR Fund (the Fund), 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). The Index includes companies from industries, such as electric utilities, multi-utilities, independent power producers and energy traders, and gas utilities.
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