Industrial Select Sector SPDR Fund Sees Unusually Large Options Volume (NYSEARCA:XLI)

Industrial Select Sector SPDR Fund (NYSEARCA:XLI) was the target of unusually large options trading on Tuesday. Stock investors acquired 52,686 put options on the stock. This represents an increase of 90% compared to the typical volume of 27,716 put options.

Institutional Investors Weigh In On Industrial Select Sector SPDR Fund

Large investors have recently modified their holdings of the business. Bank of America Corp DE boosted its position in Industrial Select Sector SPDR Fund by 4.1% during the 1st quarter. Bank of America Corp DE now owns 12,326,564 shares of the exchange traded fund’s stock valued at $1,993,575,000 after acquiring an additional 491,019 shares in the last quarter. Morgan Stanley boosted its position in Industrial Select Sector SPDR Fund by 9.2% during the fourth quarter. Morgan Stanley now owns 9,884,699 shares of the exchange traded fund’s stock valued at $1,533,315,000 after purchasing an additional 835,625 shares in the last quarter. Wells Fargo & Company MN grew its stake in Industrial Select Sector SPDR Fund by 31.6% in the fourth quarter. Wells Fargo & Company MN now owns 6,607,181 shares of the exchange traded fund’s stock valued at $1,024,906,000 after purchasing an additional 1,585,209 shares during the last quarter. LPL Financial LLC grew its stake in Industrial Select Sector SPDR Fund by 2.4% in the fourth quarter. LPL Financial LLC now owns 4,914,079 shares of the exchange traded fund’s stock valued at $762,272,000 after purchasing an additional 114,153 shares during the last quarter. Finally, Phoenix Financial Ltd. raised its holdings in Industrial Select Sector SPDR Fund by 159.8% in the fourth quarter. Phoenix Financial Ltd. now owns 3,950,353 shares of the exchange traded fund’s stock worth $612,778,000 after purchasing an additional 2,430,047 shares in the last quarter.

Industrial Select Sector SPDR Fund Trading Down 1.4%

Shares of Industrial Select Sector SPDR Fund stock traded down $2.46 during trading on Tuesday, hitting $172.67. 7,657,016 shares of the stock traded hands, compared to its average volume of 9,891,928. The stock’s fifty day simple moving average is $181.81 and its 200 day simple moving average is $175.31. The firm has a market cap of $31.41 billion, a P/E ratio of 24.30 and a beta of 0.99. Industrial Select Sector SPDR Fund has a 52-week low of $147.13 and a 52-week high of $188.19.

Industrial Select Sector SPDR Fund Company Profile

Industrial Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of publicly traded equity securities of companies in The Industrial Select Sector Index (the Index). The Index includes companies from the following industries, aerospace and defense; industrial conglomerates; machinery; road and rail; air freight & logistics; commercial services & supplies; professional services; electrical equipment; construction and engineering; trading companies and distributors; airlines, and building products.