Investors Buy High Volume of Put Options on Financial Select Sector SPDR Fund (NYSEARCA:XLF)

Posted by Renee Jackson on Feb 23rd, 2026

Financial Select Sector SPDR Fund (NYSEARCA:XLF – Get Free Report) was the recipient of unusually large options trading activity on Monday. Stock investors bought 257,668 put options on the stock. This represents an increase of 40% compared to the average volume of 183,420 put options.

Hedge Funds Weigh In On Financial Select Sector SPDR Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Greykasell Wealth Strategies Inc. bought a new position in shares of Financial Select Sector SPDR Fund during the 3rd quarter valued at $29,000. Abich Financial Wealth Management LLC bought a new position in shares of Financial Select Sector SPDR Fund in the 3rd quarter valued at approximately $29,000. Wexford Capital LP bought a new stake in Financial Select Sector SPDR Fund during the third quarter worth approximately $29,000. Aventura Private Wealth LLC acquired a new position in Financial Select Sector SPDR Fund during the fourth quarter valued at approximately $31,000. Finally, Intesa Sanpaolo Wealth Management bought a new stake in shares of Financial Select Sector SPDR Fund during the 4th quarter worth $35,000. Institutional investors and hedge funds own 72.51% of the company’s stock.

Financial Select Sector SPDR Fund Stock Performance

Shares of NYSEARCA:XLF traded down $1.76 during midday trading on Monday, reaching $50.73. The company had a trading volume of 94,172,651 shares, compared to its average volume of 51,159,828. The company has a fifty day simple moving average of $54.14 and a two-hundred day simple moving average of $53.45. The firm has a market cap of $52.48 billion, a price-to-earnings ratio of 18.25 and a beta of 0.99. Financial Select Sector SPDR Fund has a 1-year low of $42.21 and a 1-year high of $56.51.

About Financial Select Sector SPDR Fund

(Get Free Report)

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.