Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE) Shares Down 0.2% – Should You Sell?

Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE) traded down 0.2% on Tuesday . The company traded as low as $42.42 and last traded at $42.50. Approximately 4,331,282 shares changed hands during trading, a decline of 36% from the average daily volume of 6,800,056 shares. The stock had previously closed at $42.59.

Real Estate Select Sector SPDR Fund Price Performance

The firm’s fifty day moving average is $44.51 and its two-hundred day moving average is $43.87. The firm has a market cap of $8.16 billion, a price-to-earnings ratio of 39.18 and a beta of 0.96.

Institutional Trading of Real Estate Select Sector SPDR Fund

A number of institutional investors have recently made changes to their positions in XLRE. PFG Investments LLC boosted its holdings in shares of Real Estate Select Sector SPDR Fund by 3.0% in the second quarter. PFG Investments LLC now owns 8,310 shares of the company’s stock valued at $366,000 after acquiring an additional 239 shares in the last quarter. 10Elms LLP raised its holdings in Real Estate Select Sector SPDR Fund by 2.6% during the fourth quarter. 10Elms LLP now owns 10,480 shares of the company’s stock worth $423,000 after purchasing an additional 270 shares in the last quarter. Nwam LLC lifted its position in Real Estate Select Sector SPDR Fund by 3.7% in the first quarter. Nwam LLC now owns 7,573 shares of the company’s stock worth $309,000 after purchasing an additional 271 shares during the period. Verus Capital Partners LLC lifted its position in Real Estate Select Sector SPDR Fund by 5.4% in the fourth quarter. Verus Capital Partners LLC now owns 5,664 shares of the company’s stock worth $229,000 after purchasing an additional 288 shares during the period. Finally, Glen Eagle Advisors LLC boosted its stake in Real Estate Select Sector SPDR Fund by 22.9% during the 1st quarter. Glen Eagle Advisors LLC now owns 1,580 shares of the company’s stock valued at $65,000 after purchasing an additional 294 shares in the last quarter.

Real Estate Select Sector SPDR Fund Company Profile

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.