Financial Select Sector SPDR Fund (NYSE:XLF) was the target of some unusual options trading on Monday. Traders acquired 142,221 put options on the company. This represents an increase of 315% compared to the typical volume of 34,249 put options.

Shares of Financial Select Sector SPDR Fund (NYSE:XLF) opened at 26.05 on Thursday. The company has a 50-day moving average price of $24.99 and a 200-day moving average price of $24.33. Financial Select Sector SPDR Fund has a 12-month low of $19.11 and a 12-month high of $26.18.

The firm also recently declared a quarterly dividend, which was paid on Monday, September 25th. Shareholders of record on Monday, September 18th were paid a $0.1032 dividend. The ex-dividend date of this dividend was Friday, September 15th. This is an increase from Financial Select Sector SPDR Fund’s previous quarterly dividend of $0.09. This represents a $0.41 annualized dividend and a yield of 1.58%.

Institutional investors have recently bought and sold shares of the business. Wetherby Asset Management Inc. bought a new stake in Financial Select Sector SPDR Fund in the second quarter worth $200,000. Calamos Wealth Management LLC bought a new stake in Financial Select Sector SPDR Fund in the second quarter worth $204,000. Sage Advisory Services Ltd.Co. bought a new stake in Financial Select Sector SPDR Fund in the second quarter worth $212,000. Bronfman E.L. Rothschild L.P. lifted its stake in Financial Select Sector SPDR Fund by 120.7% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 8,776 shares of the exchange traded fund’s stock worth $217,000 after purchasing an additional 4,800 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC lifted its stake in Financial Select Sector SPDR Fund by 146,283.3% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 8,783 shares of the exchange traded fund’s stock worth $220,000 after purchasing an additional 8,777 shares during the last quarter.

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Financial Select Sector SPDR Fund Company Profile

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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