Industrial Select Sector SPDR Fund Target of Unusually Large Options Trading (NYSEARCA:XLI)

Industrial Select Sector SPDR Fund (NYSEARCA:XLI) was the target of some unusual options trading on Thursday. Stock traders acquired 131,137 put options on the company. This represents an increase of approximately 240% compared to the typical volume of 38,615 put options.

Institutional Investors Weigh In On Industrial Select Sector SPDR Fund

Several hedge funds have recently bought and sold shares of XLI. Brighton Jones LLC purchased a new stake in Industrial Select Sector SPDR Fund in the 4th quarter worth about $337,000. AQR Capital Management LLC lifted its stake in Industrial Select Sector SPDR Fund by 37.4% in the 1st quarter. AQR Capital Management LLC now owns 16,419 shares of the exchange traded fund’s stock worth $2,152,000 after acquiring an additional 4,469 shares in the last quarter. Schnieders Capital Management LLC. purchased a new stake in Industrial Select Sector SPDR Fund in the 2nd quarter worth about $714,000. Russell Investments Group Ltd. lifted its stake in Industrial Select Sector SPDR Fund by 36.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 2,602 shares of the exchange traded fund’s stock worth $384,000 after acquiring an additional 702 shares in the last quarter. Finally, First Trust Advisors LP lifted its stake in Industrial Select Sector SPDR Fund by 63.4% in the 2nd quarter. First Trust Advisors LP now owns 37,253 shares of the exchange traded fund’s stock worth $5,495,000 after acquiring an additional 14,452 shares in the last quarter.

Industrial Select Sector SPDR Fund Stock Performance

Shares of NYSEARCA:XLI traded up $4.44 during midday trading on Thursday, reaching $174.37. The company had a trading volume of 8,381,177 shares, compared to its average volume of 12,631,797. Industrial Select Sector SPDR Fund has a 1-year low of $131.25 and a 1-year high of $179.30. The firm has a market cap of $30.63 billion, a price-to-earnings ratio of 24.30 and a beta of 1.03. The company has a fifty day simple moving average of $169.49 and a two-hundred day simple moving average of $162.48.

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.