Communication Services Select Sector SPDR Fund (NYSEARCA:XLC – Get Free Report) shares rose 0.1% on Monday . The company traded as high as $80.22 and last traded at $79.58. Approximately 5,457,047 shares traded hands during mid-day trading, a decline of 11% from the average daily volume of 6,115,628 shares. The stock had previously closed at $79.47.
Communication Services Select Sector SPDR Fund Stock Up 0.1 %
The stock has a market capitalization of $17.74 billion, a PE ratio of 30.32 and a beta of 1.20. The stock’s 50 day moving average price is $80.40 and its 200-day moving average price is $74.48.
Hedge Funds Weigh In On Communication Services Select Sector SPDR Fund
Hedge funds have recently made changes to their positions in the business. Headlands Technologies LLC purchased a new stake in Communication Services Select Sector SPDR Fund in the 3rd quarter worth $25,000. Householder Group Estate & Retirement Specialist LLC purchased a new stake in shares of Communication Services Select Sector SPDR Fund in the fourth quarter worth about $25,000. WestHill Financial Advisors Inc. bought a new position in Communication Services Select Sector SPDR Fund during the third quarter valued at approximately $26,000. Windsor Advisory Group LLC purchased a new position in Communication Services Select Sector SPDR Fund during the 4th quarter valued at approximately $28,000. Finally, Capital Investment Advisory Services LLC grew its holdings in Communication Services Select Sector SPDR Fund by 4,775.0% during the 4th quarter. Capital Investment Advisory Services LLC now owns 390 shares of the company’s stock valued at $28,000 after buying an additional 382 shares in the last quarter.
About Communication Services Select Sector SPDR Fund
The Communication Services Select Sector SPDR Fund (XLC) is an exchange-traded fund that mostly invests in communication services equity. The fund tracks a market-cap-weighted index of US telecommunication and media & entertainment components of the S&P 500 index. XLC was launched on Jun 18, 2018 and is managed by State Street.
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