Industrial Select Sector SPDR Fund (NYSEARCA:XLI) Sets New 52-Week High at $126.25

Shares of Industrial Select Sector SPDR Fund (NYSEARCA:XLI) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $126.25 and last traded at $125.88, with a volume of 937227 shares. The stock had previously closed at $125.94.

Industrial Select Sector SPDR Fund Stock Performance

The business has a 50 day moving average price of $118.84 and a two-hundred day moving average price of $110.34. The company has a market cap of $18.46 billion, a P/E ratio of 16.72 and a beta of 1.11.

Institutional Trading of Industrial Select Sector SPDR Fund

Several hedge funds and other institutional investors have recently made changes to their positions in XLI. Steph & Co. lifted its position in Industrial Select Sector SPDR Fund by 74.1% in the 3rd quarter. Steph & Co. now owns 242 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 103 shares in the last quarter. Mark Sheptoff Financial Planning LLC purchased a new stake in Industrial Select Sector SPDR Fund in the 4th quarter worth $25,000. Planned Solutions Inc. purchased a new stake in Industrial Select Sector SPDR Fund in the 4th quarter worth $28,000. Bruce G. Allen Investments LLC purchased a new stake in Industrial Select Sector SPDR Fund in the 4th quarter worth $30,000. Finally, Coppell Advisory Solutions Corp. purchased a new position in shares of Industrial Select Sector SPDR Fund during the fourth quarter valued at about $26,000.

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.