Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE) Stock Price Up 0.8% – What’s Next?

Real Estate Select Sector SPDR Fund (NYSEARCA:XLREGet Free Report)’s share price shot up 0.8% during trading on Tuesday . The stock traded as high as $41.46 and last traded at $41.29. 5,898,066 shares traded hands during trading, a decline of 8% from the average session volume of 6,377,304 shares. The stock had previously closed at $40.96.

Real Estate Select Sector SPDR Fund Stock Performance

The firm’s 50-day simple moving average is $41.50 and its 200 day simple moving average is $41.65. The company has a market cap of $7.73 billion, a P/E ratio of 39.18 and a beta of 1.00.

Institutional Trading of Real Estate Select Sector SPDR Fund

A number of institutional investors and hedge funds have recently modified their holdings of XLRE. CIBC Private Wealth Group LLC grew its holdings in Real Estate Select Sector SPDR Fund by 138.3% during the third quarter. CIBC Private Wealth Group LLC now owns 1,294 shares of the company’s stock valued at $55,000 after purchasing an additional 751 shares during the period. Blue Fin Capital Inc. boosted its position in shares of Real Estate Select Sector SPDR Fund by 9.0% during the third quarter. Blue Fin Capital Inc. now owns 9,091 shares of the company’s stock worth $383,000 after purchasing an additional 753 shares in the last quarter. Advisory Services Network LLC grew its holdings in shares of Real Estate Select Sector SPDR Fund by 66.8% in the 3rd quarter. Advisory Services Network LLC now owns 26,838 shares of the company’s stock valued at $1,131,000 after buying an additional 10,745 shares during the period. Keystone Financial Group bought a new stake in shares of Real Estate Select Sector SPDR Fund in the 3rd quarter valued at $185,000. Finally, Conservest Capital Advisors Inc. increased its position in shares of Real Estate Select Sector SPDR Fund by 11.7% in the 3rd quarter. Conservest Capital Advisors Inc. now owns 12,010 shares of the company’s stock valued at $506,000 after buying an additional 1,258 shares in the last quarter.

Real Estate Select Sector SPDR Fund Company Profile

(Get Free Report)

The Real Estate Select Sector SPDR Fund (XLRE) is an exchange-traded fund that is based on the S&P Real Estate Select Sector index, a market-cap-weighted index of REITs and real estate stocks, excluding mortgage REITs, from the S&P 500. XLRE was launched on Oct 7, 2015 and is managed by State Street.

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