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

Industrial Select Sector SPDR Fund (NYSEARCA:XLI) was the recipient of unusually large options trading activity on Friday. Traders acquired 101,974 put options on the stock. This is an increase of 200% compared to the average volume of 34,025 put options.

Industrial Select Sector SPDR Fund Price Performance

XLI stock opened at $179.41 on Friday. The business has a 50 day simple moving average of $177.33 and a 200-day simple moving average of $171.42. The firm has a market capitalization of $33.39 billion, a PE ratio of 24.30 and a beta of 0.98. Industrial Select Sector SPDR Fund has a 1 year low of $147.13 and a 1 year high of $186.45.

Hedge Funds Weigh In On Industrial Select Sector SPDR Fund

Several large investors have recently made changes to their positions in XLI. Brighton Jones LLC purchased a new position in Industrial Select Sector SPDR Fund in the 4th quarter valued at approximately $337,000. AQR Capital Management LLC increased its stake in Industrial Select Sector SPDR Fund by 37.4% in the first quarter. AQR Capital Management LLC now owns 16,419 shares of the exchange traded fund’s stock valued at $2,152,000 after purchasing an additional 4,469 shares during the period. Schnieders Capital Management LLC. purchased a new stake in Industrial Select Sector SPDR Fund during the 2nd quarter valued at approximately $714,000. Russell Investments Group Ltd. lifted its holdings in shares of Industrial Select Sector SPDR Fund by 36.9% during the second quarter. Russell Investments Group Ltd. now owns 2,602 shares of the exchange traded fund’s stock worth $384,000 after purchasing an additional 702 shares during the period. Finally, First Trust Advisors LP lifted its stake in shares of 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 during the period.

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.