Financial Select Sector SPDR Fund (NYSEARCA:XLF) Hits New 52-Week High at $30.04

Shares of Financial Select Sector SPDR Fund (NYSEARCA:XLF) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $30.04 and last traded at $30.01, with a volume of 330947 shares traded. The stock had previously closed at $29.92.

The firm has a 50 day simple moving average of $28.91 and a 200-day simple moving average of $27.77.

Hedge funds have recently bought and sold shares of the business. Accurate Investment Solutions Inc. grew its stake in shares of Financial Select Sector SPDR Fund by 2,860.0% in the third quarter. Accurate Investment Solutions Inc. now owns 888 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 858 shares in the last quarter. Tarbox Family Office Inc. acquired a new stake in shares of Financial Select Sector SPDR Fund in the third quarter valued at $25,000. Bourgeon Capital Management LLC acquired a new stake in shares of Financial Select Sector SPDR Fund in the third quarter valued at $29,000. Nelson Van Denburg & Campbell Wealth Management Group LLC grew its stake in shares of Financial Select Sector SPDR Fund by 54.1% in the second quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 1,156 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 406 shares in the last quarter. Finally, Financial Gravity Wealth Inc. grew its stake in shares of Financial Select Sector SPDR Fund by 614.2% in the second quarter. Financial Gravity Wealth Inc. now owns 1,207 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 1,038 shares in the last quarter.

Financial Select Sector SPDR Fund Company Profile (NYSEARCA:XLF)

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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