Financial Select Sector SPDR Fund (NYSE:XLF) saw some unusual options trading on Wednesday. Traders bought 147,679 call options on the stock. This is an increase of 106% compared to the typical volume of 71,562 call options.

Financial Select Sector SPDR Fund (XLF) opened at 25.43 on Friday. The stock’s 50 day moving average price is $24.82 and its 200 day moving average price is $24.25. Financial Select Sector SPDR Fund has a 12-month low of $18.94 and a 12-month high of $25.59.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 25th. Stockholders of record on Monday, September 18th will be issued a dividend of $0.1032 per share. This is a positive change from Financial Select Sector SPDR Fund’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend is Friday, September 15th. This represents a $0.41 annualized dividend and a dividend yield of 1.62%.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Wetherby Asset Management Inc. acquired a new stake in shares of Financial Select Sector SPDR Fund in the second quarter valued at approximately $200,000. Calamos Wealth Management LLC acquired a new stake in shares of Financial Select Sector SPDR Fund in the second quarter valued at approximately $204,000. Sage Advisory Services Ltd.Co. acquired a new stake in shares of Financial Select Sector SPDR Fund in the second quarter valued at approximately $212,000. Bronfman E.L. Rothschild L.P. increased its holdings in shares of Financial Select Sector SPDR Fund by 120.7% in the second 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 in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC increased its holdings in shares of Financial Select Sector SPDR Fund by 146,283.3% in the second 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 in the last quarter.

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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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