Financial Select Sector SPDR Fund (NYSE:XLF) was the target of some unusual options trading on Wednesday. Investors acquired 82,359 call options on the company. This is an increase of 107% compared to the average volume of 39,766 call options.

Several institutional investors have recently bought and sold shares of the company. Sterling Global Strategies LLC lifted its holdings in shares of Financial Select Sector SPDR Fund by 0.3% in the 2nd quarter. Sterling Global Strategies LLC now owns 10,971 shares of the exchange traded fund’s stock valued at $270,000 after purchasing an additional 28 shares during the last quarter. MCF Advisors LLC increased its position in Financial Select Sector SPDR Fund by 0.3% in the 2nd quarter. MCF Advisors LLC now owns 23,163 shares of the exchange traded fund’s stock valued at $571,000 after acquiring an additional 71 shares during the period. Catamount Wealth Management increased its position in Financial Select Sector SPDR Fund by 0.8% in the 2nd quarter. Catamount Wealth Management now owns 17,996 shares of the exchange traded fund’s stock valued at $444,000 after acquiring an additional 146 shares during the period. Rand Wealth LLC increased its position in Financial Select Sector SPDR Fund by 1.4% in the 2nd quarter. Rand Wealth LLC now owns 13,588 shares of the exchange traded fund’s stock valued at $335,000 after acquiring an additional 194 shares during the period. Finally, Formidable Asset Management LLC increased its position in Financial Select Sector SPDR Fund by 1.4% in the 2nd quarter. Formidable Asset Management LLC now owns 14,868 shares of the exchange traded fund’s stock valued at $367,000 after acquiring an additional 200 shares during the period.

Financial Select Sector SPDR Fund (NYSE:XLF) opened at 24.10 on Friday. The stock has a 50 day moving average price of $24.84 and a 200-day moving average price of $24.25. Financial Select Sector SPDR Fund has a one year low of $18.94 and a one year high of $25.59.

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Financial Select Sector SPDR Fund Company Profile

The Fund seeks to provide investors with a low-cost passive approach for investing in a portfolio of equity securities of firms as represented by the Financial Select Sector Index.

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