Consumer Staples Select Sector SPDR Fund Sees Unusually Large Options Volume (NYSEARCA:XLP)

Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP) was the recipient of unusually large options trading activity on Friday. Investors bought 60,123 put options on the stock. This represents an increase of 137% compared to the typical daily volume of 25,398 put options.

Consumer Staples Select Sector SPDR Fund Stock Up 1.7%

Consumer Staples Select Sector SPDR Fund stock opened at $83.51 on Friday. The company has a 50 day moving average of $79.55 and a 200-day moving average of $79.50. Consumer Staples Select Sector SPDR Fund has a twelve month low of $75.16 and a twelve month high of $84.35. The stock has a market capitalization of $16.07 billion, a PE ratio of 20.82 and a beta of 0.53.

Hedge Funds Weigh In On Consumer Staples Select Sector SPDR Fund

Large investors have recently added to or reduced their stakes in the company. Signature Resources Capital Management LLC grew its holdings in shares of Consumer Staples Select Sector SPDR Fund by 325.0% during the fourth quarter. Signature Resources Capital Management LLC now owns 340 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 260 shares in the last quarter. Pacifica Partners Inc. boosted its position in Consumer Staples Select Sector SPDR Fund by 165.4% during the 4th quarter. Pacifica Partners Inc. now owns 345 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 215 shares during the last quarter. Carolina Wealth Advisors LLC acquired a new position in Consumer Staples Select Sector SPDR Fund during the 2nd quarter worth approximately $30,000. Piscataqua Savings Bank grew its stake in shares of Consumer Staples Select Sector SPDR Fund by 47.3% during the 4th quarter. Piscataqua Savings Bank now owns 405 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 130 shares in the last quarter. Finally, Traub Capital Management LLC acquired a new stake in shares of Consumer Staples Select Sector SPDR Fund in the second quarter valued at approximately $34,000.

Consumer Staples Select Sector SPDR Fund Company Profile

Consumer Staples Select Sector SPDR Fund (the Fund) seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Consumer Staples Select Sector Index (the Index).The Fund typically invests in substantially all of the securities represented in the Index in approximately the same proportions as the Index. Under normal market conditions, the Fund generally invests substantially all, but at least 95%, of its total assets in the securities consisting of the Index.