Industrial Select Sector SPDR Fund (NYSEARCA:XLI) Hits New 12-Month High – Here’s What Happened

Industrial Select Sector SPDR Fund (NYSEARCA:XLI) shares reached a new 52-week high on Thursday . The stock traded as high as $184.38 and last traded at $184.0660, with a volume of 735092 shares traded. The stock had previously closed at $180.21.

Industrial Select Sector SPDR Fund Stock Performance

The firm has a market cap of $32.08 billion, a price-to-earnings ratio of 24.30 and a beta of 0.99. The business’s 50-day moving average is $174.12 and its 200-day moving average is $168.40.

Institutional Trading of Industrial Select Sector SPDR Fund

Large investors have recently added to or reduced their stakes in the company. NFSG Corp raised its stake in shares of Industrial Select Sector SPDR Fund by 4.1% in the first quarter. NFSG Corp now owns 1,552 shares of the exchange traded fund’s stock valued at $251,000 after acquiring an additional 61 shares during the last quarter. Cvfg LLC grew its position in Industrial Select Sector SPDR Fund by 2.3% during the 1st quarter. Cvfg LLC now owns 2,854 shares of the exchange traded fund’s stock worth $462,000 after acquiring an additional 65 shares during the last quarter. Allegheny Financial Group grew its position in Industrial Select Sector SPDR Fund by 2.5% during the 1st quarter. Allegheny Financial Group now owns 2,744 shares of the exchange traded fund’s stock worth $444,000 after acquiring an additional 66 shares during the last quarter. Wetzel Investment Advisors Inc. increased its holdings in Industrial Select Sector SPDR Fund by 4.0% during the 4th quarter. Wetzel Investment Advisors Inc. now owns 1,752 shares of the exchange traded fund’s stock valued at $272,000 after purchasing an additional 67 shares in the last quarter. Finally, Severin Investments LLC increased its holdings in Industrial Select Sector SPDR Fund by 4.7% during the 3rd quarter. Severin Investments LLC now owns 1,544 shares of the exchange traded fund’s stock valued at $238,000 after purchasing an additional 70 shares in the last quarter.

About Industrial Select Sector SPDR Fund

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.