Traders Buy Large Volume of Industrial Select Sector SPDR Fund Put Options (NYSEARCA:XLI)

Industrial Select Sector SPDR Fund (NYSEARCA:XLI) was the recipient of unusually large options trading on Friday. Traders purchased 101,974 put options on the company. This represents an increase of 200% compared to the average volume of 34,025 put options.

Industrial Select Sector SPDR Fund Stock Up 0.0%

Shares of XLI stock opened at $180.15 on Friday. The company has a market cap of $33.39 billion, a price-to-earnings ratio of 24.30 and a beta of 0.98. Industrial Select Sector SPDR Fund has a 52 week low of $147.13 and a 52 week high of $186.45. The firm has a 50 day moving average of $177.20 and a 200-day moving average of $171.36.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Brighton Jones LLC bought a new position in shares of Industrial Select Sector SPDR Fund during the 4th quarter worth about $337,000. AQR Capital Management LLC increased its position in Industrial Select Sector SPDR Fund by 37.4% in the 1st quarter. AQR Capital Management LLC now owns 16,419 shares of the exchange traded fund’s stock valued at $2,152,000 after buying an additional 4,469 shares in the last quarter. Schnieders Capital Management LLC. bought a new stake in Industrial Select Sector SPDR Fund in the 2nd quarter valued at about $714,000. Russell Investments Group Ltd. raised its stake in Industrial Select Sector SPDR Fund by 36.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 2,602 shares of the exchange traded fund’s stock worth $384,000 after buying an additional 702 shares during the period. Finally, First Trust Advisors LP raised its stake in Industrial Select Sector SPDR Fund by 63.4% during the 2nd quarter. First Trust Advisors LP now owns 37,253 shares of the exchange traded fund’s stock worth $5,495,000 after buying an additional 14,452 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.