Investors Buy High Volume of Energy Select Sector SPDR Fund Call Options (NYSEARCA:XLE)

Energy Select Sector SPDR Fund (NYSEARCA:XLE) saw unusually large options trading activity on Tuesday. Stock investors bought 134,222 call options on the company. This is an increase of 41% compared to the average volume of 95,395 call options.

Energy Select Sector SPDR Fund Price Performance

Energy Select Sector SPDR Fund stock opened at $48.06 on Thursday. The firm has a 50 day simple moving average of $45.25 and a 200-day simple moving average of $44.30. The stock has a market cap of $28.92 billion, a price-to-earnings ratio of 15.59 and a beta of 0.77. Energy Select Sector SPDR Fund has a 1-year low of $37.24 and a 1-year high of $48.65.

Hedge Funds Weigh In On Energy Select Sector SPDR Fund

Large investors have recently modified their holdings of the business. Collective Family Office LLC boosted its position in Energy Select Sector SPDR Fund by 4.7% in the 3rd quarter. Collective Family Office LLC now owns 2,524 shares of the exchange traded fund’s stock valued at $225,000 after buying an additional 114 shares during the period. Hager Investment Management Services LLC boosted its stake in shares of Energy Select Sector SPDR Fund by 45.8% in the 3rd quarter. Hager Investment Management Services LLC now owns 366 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 115 shares during the period. Windsor Advisory Group LLC grew its position in shares of Energy Select Sector SPDR Fund by 1.5% during the third quarter. Windsor Advisory Group LLC now owns 7,976 shares of the exchange traded fund’s stock worth $713,000 after buying an additional 115 shares in the last quarter. Larson Financial Group LLC raised its holdings in Energy Select Sector SPDR Fund by 1.2% in the third quarter. Larson Financial Group LLC now owns 9,670 shares of the exchange traded fund’s stock valued at $864,000 after acquiring an additional 115 shares in the last quarter. Finally, ST Germain D J Co. Inc. grew its holdings in Energy Select Sector SPDR Fund by 3.0% during the 2nd quarter. ST Germain D J Co. Inc. now owns 3,993 shares of the exchange traded fund’s stock worth $339,000 after acquiring an additional 116 shares in the last quarter.

About Energy Select Sector SPDR Fund

Energy Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Energy Select Sector Index (the Index). The Index includes companies from the following industries oil, gas and consumable fuels, and energy equipment and services. The Fund’s investment advisor is SSgA Funds Management, Inc