Stock Traders Buy Large Volume of Industrial Select Sector SPDR Fund Put Options (NYSEARCA:XLI)

Industrial Select Sector SPDR Fund (NYSEARCA:XLI) saw unusually large options trading activity on Wednesday. Traders acquired 147,596 put options on the company. This is an increase of approximately 100% compared to the average volume of 73,933 put options.

Industrial Select Sector SPDR Fund Trading Down 0.4 %

XLI traded down $0.53 on Wednesday, hitting $143.18. 5,560,446 shares of the company’s stock were exchanged, compared to its average volume of 8,755,054. Industrial Select Sector SPDR Fund has a twelve month low of $105.34 and a twelve month high of $144.51. The stock has a fifty day moving average of $137.40 and a two-hundred day moving average of $129.33. The firm has a market cap of $21.03 billion, a PE ratio of 26.03 and a beta of 0.90.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of XLI. Price T Rowe Associates Inc. MD acquired a new position in Industrial Select Sector SPDR Fund during the first quarter worth $407,000. Silvercrest Asset Management Group LLC bought a new stake in Industrial Select Sector SPDR Fund in the first quarter valued at $224,000. Tidal Investments LLC acquired a new position in shares of Industrial Select Sector SPDR Fund in the 1st quarter worth approximately $262,000. Jaffetilchin Investment Partners LLC raised its stake in shares of Industrial Select Sector SPDR Fund by 2.6% in the first quarter. Jaffetilchin Investment Partners LLC now owns 3,720 shares of the exchange traded fund’s stock worth $469,000 after acquiring an additional 96 shares during the last quarter. Finally, LRI Investments LLC bought a new position in Industrial Select Sector SPDR Fund in the first quarter valued at about $105,000.

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.