Utilities SPDR (NYSE:XLU) saw unusually large options trading on Tuesday. Investors purchased 72,782 call options on the company. This is an increase of 448% compared to the average volume of 13,293 call options.

Shares of Utilities SPDR (NYSE:XLU) opened at 54.97 on Friday. Utilities SPDR has a 12 month low of $45.33 and a 12 month high of $55.34. The stock’s 50 day moving average price is $53.77 and its 200-day moving average price is $52.42.

Several hedge funds and other institutional investors have recently bought and sold shares of XLU. Captrust Financial Advisors bought a new position in Utilities SPDR during the second quarter valued at about $120,000. D.A. Davidson & CO. raised its position in Utilities SPDR by 9.6% in the second quarter. D.A. Davidson & CO. now owns 2,693 shares of the exchange traded fund’s stock valued at $139,000 after buying an additional 235 shares in the last quarter. WFG Advisors LP raised its position in Utilities SPDR by 18.5% in the second quarter. WFG Advisors LP now owns 3,037 shares of the exchange traded fund’s stock valued at $158,000 after buying an additional 475 shares in the last quarter. BB&T Investment Services Inc. bought a new position in Utilities SPDR during the second quarter valued at about $176,000. Finally, IndexIQ Advisors LLC raised its position in Utilities SPDR by 665.2% in the second quarter. IndexIQ Advisors LLC now owns 3,604 shares of the exchange traded fund’s stock valued at $188,000 after buying an additional 3,133 shares in the last quarter.

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About Utilities SPDR

Select Sector Utilities Select Sector SPDR Fund (the Fund), formerly Utilities Select Sector SPDR Fund, seeks to provide investment results that correspond to the price and yield performance of the Utilities Select Sector of the S&P 500 Index (the Index). The Index includes companies from industries, such as electric utilities, multi-utilities, independent power producers and energy traders, and gas utilities.

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