Stock Traders Buy Large Volume of The Industrial Select Sector SPDR Fund Put Options (XLI)
The Industrial Select Sector SPDR Fund (NYSE:XLI) was the target of some unusual options trading on Thursday. Stock investors bought 20,984 put options on the company. This is an increase of 291% compared to the typical volume of 5,368 put options.
Shares of The Industrial Select Sector SPDR Fund (XLI) opened at 68.66 on Friday. The firm’s 50-day moving average price is $67.49 and its 200-day moving average price is $65.40. The Industrial Select Sector SPDR Fund has a one year low of $55.09 and a one year high of $69.19.
The firm also recently announced a quarterly dividend, which was paid on Monday, June 26th. Shareholders of record on Tuesday, June 20th were paid a dividend of $0.3236 per share. This is an increase from The Industrial Select Sector SPDR Fund’s previous quarterly dividend of $0.30. The ex-dividend date was Friday, June 16th. This represents a $1.29 dividend on an annualized basis and a dividend yield of 1.89%.
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About The Industrial Select Sector SPDR Fund
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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