Stock Traders Buy High Volume of Call Options on Utilities SPDR (NYSE:XLU)
Utilities SPDR (NYSE:XLU) saw unusually large options trading activity on Thursday. Stock investors bought 19,814 call options on the company. This represents an increase of approximately 141% compared to the average volume of 8,231 call options.
Utilities SPDR (NYSE XLU) opened at 53.29 on Friday. The stock’s 50 day moving average is $52.95 and its 200-day moving average is $51.29. Utilities SPDR has a one year low of $45.33 and a one year high of $54.63.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 26th. Stockholders of record on Tuesday, June 20th were paid a $0.4369 dividend. This is a boost from Utilities SPDR’s previous quarterly dividend of $0.39. The ex-dividend date was Friday, June 16th. This represents a $1.75 dividend on an annualized basis and a dividend yield of 3.28%.
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About Utilities SPDR
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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