Industrial Select Sector SPDR Fund Target of Unusually Large Options Trading (NYSEARCA:XLI)

Industrial Select Sector SPDR Fund (NYSEARCA:XLI) was the recipient of unusually large options trading on Thursday. Stock investors acquired 131,137 put options on the stock. This is an increase of 240% compared to the average volume of 38,615 put options.

Industrial Select Sector SPDR Fund Price Performance

Shares of XLI traded up $4.44 during trading hours on Thursday, reaching $174.37. 8,381,177 shares of the company’s stock traded hands, compared to its average volume of 12,631,797. The firm has a market capitalization of $30.63 billion, a price-to-earnings ratio of 24.30 and a beta of 1.03. Industrial Select Sector SPDR Fund has a twelve month low of $131.25 and a twelve month high of $179.30. The business’s fifty day simple moving average is $169.49 and its two-hundred day simple moving average is $162.48.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of XLI. Phoenix Financial Ltd. boosted its stake in Industrial Select Sector SPDR Fund by 159.8% during the fourth quarter. Phoenix Financial Ltd. now owns 3,950,353 shares of the exchange traded fund’s stock valued at $612,778,000 after buying an additional 2,430,047 shares in the last quarter. Focus Partners Wealth boosted its position in shares of Industrial Select Sector SPDR Fund by 814.7% in the 3rd quarter. Focus Partners Wealth now owns 2,074,413 shares of the exchange traded fund’s stock valued at $319,937,000 after purchasing an additional 1,847,618 shares during the period. Wells Fargo & Company MN boosted its position in shares of Industrial Select Sector SPDR Fund by 31.6% in the 4th 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 period. Menora Mivtachim Holdings LTD. boosted its position in shares of Industrial Select Sector SPDR Fund by 51.5% in the 3rd quarter. Menora Mivtachim Holdings LTD. now owns 3,528,840 shares of the exchange traded fund’s stock valued at $544,253,000 after purchasing an additional 1,200,000 shares during the period. Finally, PGIM Custom Harvest LLC acquired a new position in shares of Industrial Select Sector SPDR Fund in the 3rd quarter valued at $183,767,000.

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.