Industrial Select Sector SPDR Fund Sees Unusually Large Options Volume (NYSEARCA:XLI)

Industrial Select Sector SPDR Fund (NYSEARCA:XLI) was the target of some unusual options trading activity on Tuesday. Traders bought 157,135 put options on the stock. This is an increase of approximately 138% compared to the average daily volume of 66,043 put options.

Institutional Trading of Industrial Select Sector SPDR Fund

Several hedge funds have recently modified their holdings of XLI. Cornerstone Planning Group LLC grew its stake in Industrial Select Sector SPDR Fund by 118.7% during the 3rd quarter. Cornerstone Planning Group LLC now owns 164 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 89 shares in the last quarter. Chung Wu Investment Group LLC acquired a new position in shares of Industrial Select Sector SPDR Fund during the third quarter worth about $31,000. Ransom Advisory Ltd acquired a new position in shares of Industrial Select Sector SPDR Fund during the fourth quarter worth about $31,000. Asset Dedication LLC purchased a new stake in shares of Industrial Select Sector SPDR Fund during the third quarter worth approximately $32,000. Finally, Evolution Wealth Management Inc. raised its holdings in Industrial Select Sector SPDR Fund by 80.3% in the third quarter. Evolution Wealth Management Inc. now owns 220 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 98 shares in the last quarter.

Industrial Select Sector SPDR Fund Stock Performance

Shares of XLI stock opened at $158.97 on Thursday. Industrial Select Sector SPDR Fund has a fifty-two week low of $112.75 and a fifty-two week high of $162.60. The company has a 50 day moving average price of $154.48 and a 200 day moving average price of $152.59. The stock has a market capitalization of $26.14 billion, a P/E ratio of 24.30 and a beta of 1.07.

Industrial Select Sector SPDR Fund Company Profile

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.