Traders sold shares of Financial Select Sector SPDR Fund (NYSE:XLF) on strength during trading hours on Monday. $99.84 million flowed into the stock on the tick-up and $153.85 million flowed out of the stock on the tick-down, for a money net flow of $54.01 million out of the stock. Of all companies tracked, Financial Select Sector SPDR Fund had the 0th highest net out-flow for the day. Financial Select Sector SPDR Fund traded up $0.07 for the day and closed at $24.77

The company’s 50 day moving average price is $24.90 and its 200 day moving average price is $24.26.

A number of institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. grew its position in Financial Select Sector SPDR Fund by 117.2% in the second quarter. JPMorgan Chase & Co. now owns 13,368,496 shares of the exchange traded fund’s stock worth $329,800,000 after buying an additional 7,212,427 shares during the last quarter. Bank of Nova Scotia grew its position in Financial Select Sector SPDR Fund by 48.1% in the second quarter. Bank of Nova Scotia now owns 9,587,388 shares of the exchange traded fund’s stock worth $237,230,000 after buying an additional 3,114,660 shares during the last quarter. Quantitative Investment Management LLC grew its position in Financial Select Sector SPDR Fund by 269.6% in the second quarter. Quantitative Investment Management LLC now owns 8,589,900 shares of the exchange traded fund’s stock worth $211,912,000 after buying an additional 6,265,900 shares during the last quarter. UBS Asset Management Americas Inc. grew its position in Financial Select Sector SPDR Fund by 13.2% in the second quarter. UBS Asset Management Americas Inc. now owns 3,898,108 shares of the exchange traded fund’s stock worth $96,166,000 after buying an additional 455,595 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its position in Financial Select Sector SPDR Fund by 4.4% in the second quarter. The Manufacturers Life Insurance Company now owns 3,627,981 shares of the exchange traded fund’s stock worth $89,503,000 after buying an additional 151,752 shares during the last quarter.

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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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