Industrial Select Sector SPDR Fund (NYSEARCA:XLI) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Industrial Select Sector SPDR Fund (NYSEARCA:XLI) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $136.25 and traded as low as $128.42. Industrial Select Sector SPDR Fund shares last traded at $131.07, with a volume of 9,633,395 shares trading hands.

Industrial Select Sector SPDR Fund Price Performance

The company’s fifty day simple moving average is $135.18 and its 200-day simple moving average is $136.24. The firm has a market capitalization of $19.18 billion, a PE ratio of 23.91 and a beta of 1.03.

Industrial Select Sector SPDR Fund Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were given a dividend of $0.4047 per share. The ex-dividend date was Monday, March 24th.

Hedge Funds Weigh In On Industrial Select Sector SPDR Fund

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Transce3nd LLC acquired a new position in shares of Industrial Select Sector SPDR Fund in the fourth quarter valued at about $25,000. Kohmann Bosshard Financial Services LLC purchased a new position in Industrial Select Sector SPDR Fund during the 4th quarter worth approximately $26,000. FSA Wealth Management LLC purchased a new position in Industrial Select Sector SPDR Fund during the 3rd quarter worth approximately $27,000. Synergy Investment Management LLC acquired a new stake in Industrial Select Sector SPDR Fund during the 4th quarter valued at approximately $27,000. Finally, Heartland Advisors Inc. purchased a new stake in shares of Industrial Select Sector SPDR Fund in the 4th quarter valued at $29,000.

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.