Financial Select Sector SPDR Fund (NYSEARCA:XLF) Sets New 12-Month High at $42.03

Financial Select Sector SPDR Fund (NYSEARCA:XLF) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $42.03 and last traded at $41.91, with a volume of 3050738 shares traded. The stock had previously closed at $41.89.

Financial Select Sector SPDR Fund Trading Up 0.4 %

The stock has a market cap of $42.89 billion, a P/E ratio of 12.16 and a beta of 1.07. The firm’s fifty day moving average is $39.74 and its 200 day moving average is $36.65.

Institutional Trading of Financial Select Sector SPDR Fund

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Baltimore Washington Financial Advisors Inc. acquired a new stake in Financial Select Sector SPDR Fund in the 1st quarter worth $532,000. Able Wealth Management LLC acquired a new stake in shares of Financial Select Sector SPDR Fund during the 4th quarter valued at about $25,000. ORG Partners LLC boosted its position in shares of Financial Select Sector SPDR Fund by 95.8% during the 4th quarter. ORG Partners LLC now owns 742 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 363 shares in the last quarter. Capital Investment Counsel Inc acquired a new stake in shares of Financial Select Sector SPDR Fund during the 3rd quarter valued at about $25,000. Finally, PCA Investment Advisory Services Inc. bought a new position in shares of Financial Select Sector SPDR Fund in the second quarter worth about $26,000.

Financial Select Sector SPDR Fund Company Profile

The Fund seeks to provide investors with a low-cost passive approach for investing in a portfolio of equity securities of firms as represented by the Financial Select Sector Index.