Financial Select Sector SPDR Fund (NYSE:XLF) was the recipient of unusually large options trading on Wednesday. Stock investors purchased 50,298 put options on the stock. This is an increase of 113% compared to the average volume of 23,579 put options.

Shares of Financial Select Sector SPDR Fund (NYSE:XLF) opened at 24.73 on Friday. The stock has a 50 day moving average price of $24.90 and a 200 day moving average price of $24.13. Financial Select Sector SPDR Fund has a one year low of $18.94 and a one year high of $25.59.

Hedge funds have recently bought and sold shares of the stock. Smith Salley & Associates increased its stake in Financial Select Sector SPDR Fund by 0.6% in the second quarter. Smith Salley & Associates now owns 83,568 shares of the exchange traded fund’s stock valued at $2,062,000 after buying an additional 460 shares during the period. MCF Advisors LLC increased its stake in Financial Select Sector SPDR Fund by 0.3% in the second quarter. MCF Advisors LLC now owns 23,163 shares of the exchange traded fund’s stock valued at $571,000 after buying an additional 71 shares during the period. Moloney Securities Asset Management LLC increased its stake in Financial Select Sector SPDR Fund by 17.0% in the second quarter. Moloney Securities Asset Management LLC now owns 18,619 shares of the exchange traded fund’s stock valued at $459,000 after buying an additional 2,709 shares during the period. CMH Wealth Management LLC increased its stake in Financial Select Sector SPDR Fund by 7.9% in the second quarter. CMH Wealth Management LLC now owns 79,398 shares of the exchange traded fund’s stock valued at $1,978,000 after buying an additional 5,825 shares during the period. Finally, Contravisory Investment Management Inc. increased its stake in Financial Select Sector SPDR Fund by 2.3% in the second quarter. Contravisory Investment Management Inc. now owns 18,952 shares of the exchange traded fund’s stock valued at $468,000 after buying an additional 420 shares during the period.

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Financial Select Sector SPDR Fund Company Profile

The Fund seeks to provide investors with a low-cost passive approach for investing in a portfolio of equity securities of firms as represented by the Financial Select Sector Index.

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