Investors sold shares of The Industrial Select Sector SPDR Fund (NYSE:XLI) on strength during trading on Thursday. $70.95 million flowed into the stock on the tick-up and $104.56 million flowed out of the stock on the tick-down, for a money net flow of $33.61 million out of the stock. Of all companies tracked, The Industrial Select Sector SPDR Fund had the 18th highest net out-flow for the day. The Industrial Select Sector SPDR Fund traded up $0.38 for the day and closed at $72.19

The firm has a 50 day moving average price of $69.86 and a 200-day moving average price of $67.92.

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 25th. Shareholders of record on Monday, September 18th were paid a dividend of $0.3159 per share. This represents a $1.26 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date was Friday, September 15th.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in XLI. Puplava Financial Services Inc. lifted its stake in shares of The Industrial Select Sector SPDR Fund by 3.0% in the 2nd quarter. Puplava Financial Services Inc. now owns 13,032 shares of the exchange traded fund’s stock valued at $888,000 after purchasing an additional 378 shares during the last quarter. Appropriate Balance Financial Services Inc. lifted its stake in shares of The Industrial Select Sector SPDR Fund by 5.0% in the 2nd quarter. Appropriate Balance Financial Services Inc. now owns 10,802 shares of the exchange traded fund’s stock valued at $158,602,000 after purchasing an additional 518 shares during the last quarter. Smith Salley & Associates lifted its stake in shares of The Industrial Select Sector SPDR Fund by 21.0% in the 2nd quarter. Smith Salley & Associates now owns 26,328 shares of the exchange traded fund’s stock valued at $1,793,000 after purchasing an additional 4,565 shares during the last quarter. Mechanics Bank Trust Department lifted its stake in shares of The Industrial Select Sector SPDR Fund by 1.7% in the 2nd quarter. Mechanics Bank Trust Department now owns 80,683 shares of the exchange traded fund’s stock valued at $5,495,000 after purchasing an additional 1,382 shares during the last quarter. Finally, Montecito Bank & Trust acquired a new position in shares of The Industrial Select Sector SPDR Fund in the 2nd quarter valued at $579,000.

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The 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.

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