Industrial Select Sector SPDR Fund Target of Unusually Large Options Trading (NYSEARCA:XLI)

Industrial Select Sector SPDR Fund (NYSEARCA:XLI) was the target of unusually large options trading on Tuesday. Traders purchased 76,035 put options on the company. This represents an increase of 107% compared to the average daily volume of 36,681 put options.

Industrial Select Sector SPDR Fund Stock Performance

NYSEARCA:XLI opened at $179.60 on Thursday. The stock’s 50-day simple moving average is $173.10 and its 200 day simple moving average is $167.45. The company has a market cap of $31.09 billion, a P/E ratio of 24.30 and a beta of 0.99. Industrial Select Sector SPDR Fund has a 52-week low of $141.28 and a 52-week high of $182.33.

Hedge Funds Weigh In On Industrial Select Sector SPDR Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. NFSG Corp boosted its holdings in shares of Industrial Select Sector SPDR Fund by 4.1% during the first quarter. NFSG Corp now owns 1,552 shares of the exchange traded fund’s stock worth $251,000 after acquiring an additional 61 shares during the period. Cvfg LLC boosted its stake in shares of Industrial Select Sector SPDR Fund by 2.3% in the first quarter. Cvfg LLC now owns 2,854 shares of the exchange traded fund’s stock valued at $462,000 after buying an additional 65 shares during the period. Allegheny Financial Group boosted its stake in shares of Industrial Select Sector SPDR Fund by 2.5% in the first quarter. Allegheny Financial Group now owns 2,744 shares of the exchange traded fund’s stock valued at $444,000 after buying an additional 66 shares during the period. Wetzel Investment Advisors Inc. boosted its stake in shares of Industrial Select Sector SPDR Fund by 4.0% in the fourth quarter. Wetzel Investment Advisors Inc. now owns 1,752 shares of the exchange traded fund’s stock valued at $272,000 after buying an additional 67 shares during the period. Finally, Severin Investments LLC boosted its stake in shares of Industrial Select Sector SPDR Fund by 4.7% in the third quarter. Severin Investments LLC now owns 1,544 shares of the exchange traded fund’s stock valued at $238,000 after buying an additional 70 shares during the period.

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.