The Industrial Select Sector SPDR Fund (NYSE:XLI) saw unusually large options trading activity on Monday. Stock traders bought 10,396 call options on the company. This represents an increase of approximately 572% compared to the average volume of 1,548 call options.

Shares of The Industrial Select Sector SPDR Fund (XLI) opened at 68.61 on Thursday. The Industrial Select Sector SPDR Fund has a 1-year low of $56.27 and a 1-year high of $69.57. The firm’s 50-day moving average is $68.61 and its 200-day moving average is $66.69.

A number of large investors have recently added to or reduced their stakes in XLI. Patriot Financial Group Insurance Agency LLC raised its stake in The Industrial Select Sector SPDR Fund by 37.0% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 1,994 shares of the exchange traded fund’s stock valued at $137,000 after buying an additional 538 shares in the last quarter. San Francisco Sentry Investment Group CA bought a new stake in The Industrial Select Sector SPDR Fund during the second quarter valued at approximately $195,000. Family Firm Inc. bought a new stake in The Industrial Select Sector SPDR Fund during the second quarter valued at approximately $202,000. WBI Investments Inc. bought a new stake in The Industrial Select Sector SPDR Fund during the second quarter valued at approximately $203,000. Finally, Flagship Harbor Advisors LLC raised its stake in The Industrial Select Sector SPDR Fund by 3.0% in the second quarter. Flagship Harbor Advisors LLC now owns 3,329 shares of the exchange traded fund’s stock valued at $229,000 after buying an additional 96 shares in the last quarter.

TRADEMARK VIOLATION WARNING: This article was published by American Banking News and is owned by of American Banking News. If you are viewing this article on another domain, it was stolen and republished in violation of U.S. and international trademark & copyright law. The original version of this article can be viewed at https://www.americanbankingnews.com/2017/08/17/traders-purchase-large-volume-of-call-options-on-the-industrial-select-sector-spdr-fund-xli.html.

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.

Receive News & Ratings for The Industrial Select Sector SPDR Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Industrial Select Sector SPDR Fund and related companies with MarketBeat.com's FREE daily email newsletter.