Energy Select Sector SPDR Fund Target of Unusually High Options Trading (NYSEARCA:XLE)

Energy Select Sector SPDR Fund (NYSEARCA:XLE) was the target of some unusual options trading activity on Thursday. Investors bought 206,877 call options on the stock. This represents an increase of 42% compared to the average daily volume of 145,244 call options.

Energy Select Sector SPDR Fund Stock Down 0.5%

Shares of XLE stock opened at $54.88 on Friday. Energy Select Sector SPDR Fund has a 52-week low of $37.24 and a 52-week high of $55.88. The stock has a market cap of $35.50 billion, a PE ratio of 15.59 and a beta of 0.77. The business has a 50-day simple moving average of $48.64 and a 200-day simple moving average of $45.80.

Institutional Investors Weigh In On Energy Select Sector SPDR Fund

Hedge funds and other institutional investors have recently made changes to their positions in the company. Wagner Wealth Management LLC raised its position in shares of Energy Select Sector SPDR Fund by 270.3% during the 3rd quarter. Wagner Wealth Management LLC now owns 274 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 200 shares during the last quarter. ORG Wealth Partners LLC increased its stake in Energy Select Sector SPDR Fund by 100.0% during the 4th quarter. ORG Wealth Partners LLC now owns 568 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 284 shares in the last quarter. Holos Integrated Wealth LLC acquired a new position in shares of Energy Select Sector SPDR Fund during the fourth quarter valued at approximately $26,000. Vermillion Wealth Management Inc. raised its holdings in shares of Energy Select Sector SPDR Fund by 85.7% during the fourth quarter. Vermillion Wealth Management Inc. now owns 609 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 281 shares during the last quarter. Finally, Banque Cantonale Vaudoise lifted its position in shares of Energy Select Sector SPDR Fund by 58.6% in the fourth quarter. Banque Cantonale Vaudoise now owns 617 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 228 shares in the last quarter.

About Energy Select Sector SPDR Fund

Energy Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Energy Select Sector Index (the Index). The Index includes companies from the following industries oil, gas and consumable fuels, and energy equipment and services. The Fund’s investment advisor is SSgA Funds Management, Inc