Traders sold shares of Financial Select Sector SPDR Fund (NYSE:XLF) on strength during trading on Wednesday. $4.00 million flowed into the stock on the tick-up and $9.87 million flowed out of the stock on the tick-down, for a money net flow of $5.87 million out of the stock. Of all stocks tracked, Financial Select Sector SPDR Fund had the 10th highest net out-flow for the day. Financial Select Sector SPDR Fund traded up $0.14 for the day and closed at $24.38

The company has a 50 day moving average price of $24.89 and a 200-day moving average price of $24.26.

Institutional investors and hedge funds have recently made changes to their positions in the business. Wetherby Asset Management Inc. bought a new position in Financial Select Sector SPDR Fund in the 2nd quarter valued at $200,000. Calamos Wealth Management LLC acquired a new position in shares of Financial Select Sector SPDR Fund in the 2nd quarter valued at $204,000. Sage Advisory Services Ltd.Co. acquired a new position in shares of Financial Select Sector SPDR Fund in the 2nd quarter valued at $212,000. Bronfman E.L. Rothschild L.P. lifted its stake in shares of Financial Select Sector SPDR Fund by 120.7% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 8,776 shares of the exchange traded fund’s stock valued at $217,000 after purchasing an additional 4,800 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC lifted its stake in shares of Financial Select Sector SPDR Fund by 146,283.3% in the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 8,783 shares of the exchange traded fund’s stock valued at $220,000 after purchasing an additional 8,777 shares during the period.

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About Financial Select Sector SPDR Fund

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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