Investors Purchase High Volume of Real Estate Select Sector SPDR Fund Put Options (NYSEARCA:XLRE)

Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE) was the recipient of unusually large options trading activity on Friday. Stock investors acquired 2,519 put options on the stock. This represents an increase of approximately 110% compared to the average volume of 1,201 put options.

Institutional Investors Weigh In On Real Estate Select Sector SPDR Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Valmark Advisers Inc. boosted its position in Real Estate Select Sector SPDR Fund by 1.7% during the 2nd quarter. Valmark Advisers Inc. now owns 14,978 shares of the company’s stock worth $620,000 after acquiring an additional 247 shares during the period. Front Row Advisors LLC increased its holdings in shares of Real Estate Select Sector SPDR Fund by 14.2% in the 3rd quarter. Front Row Advisors LLC now owns 2,010 shares of the company’s stock valued at $85,000 after purchasing an additional 250 shares during the period. Sierra Summit Advisors LLC lifted its position in shares of Real Estate Select Sector SPDR Fund by 1.5% in the third quarter. Sierra Summit Advisors LLC now owns 17,808 shares of the company’s stock worth $750,000 after purchasing an additional 255 shares in the last quarter. Roberts Wealth Advisors LLC boosted its holdings in shares of Real Estate Select Sector SPDR Fund by 2.9% during the second quarter. Roberts Wealth Advisors LLC now owns 9,109 shares of the company’s stock worth $377,000 after purchasing an additional 259 shares during the period. Finally, PFG Investments LLC grew its position in Real Estate Select Sector SPDR Fund by 3.5% during the third quarter. PFG Investments LLC now owns 7,786 shares of the company’s stock valued at $328,000 after purchasing an additional 261 shares in the last quarter.

Real Estate Select Sector SPDR Fund Trading Up 0.3%

XLRE opened at $41.25 on Friday. The company’s 50 day moving average is $40.85 and its 200 day moving average is $41.43. The company has a market cap of $7.10 billion, a price-to-earnings ratio of 39.18 and a beta of 1.00. Real Estate Select Sector SPDR Fund has a 12-month low of $35.76 and a 12-month high of $43.86.

Real Estate Select Sector SPDR Fund Company Profile

The Real Estate Select Sector SPDR Fund (XLRE) is an exchange-traded fund that is based on the S&P Real Estate Select Sector index, a market-cap-weighted index of REITs and real estate stocks, excluding mortgage REITs, from the S&P 500. XLRE was launched on Oct 7, 2015 and is managed by State Street.