Industrial Select Sector SPDR Fund Sees Unusually Large Options Volume (NYSEARCA:XLI)

Industrial Select Sector SPDR Fund (NYSEARCA:XLI) saw some unusual options trading on Tuesday. Traders purchased 52,686 put options on the company. This represents an increase of approximately 90% compared to the typical volume of 27,716 put options.

Industrial Select Sector SPDR Fund Stock Performance

Industrial Select Sector SPDR Fund stock traded down $2.46 during mid-day trading on Tuesday, hitting $172.67. The company’s stock had a trading volume of 7,657,016 shares, compared to its average volume of 9,891,928. The company has a 50 day moving average of $181.81 and a 200-day moving average of $175.31. Industrial Select Sector SPDR Fund has a one year low of $147.13 and a one year high of $188.19. The stock has a market cap of $31.41 billion, a PE ratio of 24.30 and a beta of 0.99.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in XLI. 180 Wealth Advisors LLC boosted its position in Industrial Select Sector SPDR Fund by 2.9% in the 2nd quarter. 180 Wealth Advisors LLC now owns 2,095 shares of the exchange traded fund’s stock valued at $388,000 after buying an additional 60 shares during the period. NFSG Corp increased its position in shares of Industrial Select Sector SPDR Fund by 4.1% during the first quarter. NFSG Corp now owns 1,552 shares of the exchange traded fund’s stock worth $251,000 after acquiring an additional 61 shares during the period. Nilsine Partners LLC increased its position in shares of Industrial Select Sector SPDR Fund by 0.3% during the second quarter. Nilsine Partners LLC now owns 18,600 shares of the exchange traded fund’s stock worth $3,445,000 after acquiring an additional 61 shares during the period. Cvfg LLC raised its stake in shares of Industrial Select Sector SPDR Fund by 2.3% during the first quarter. Cvfg LLC now owns 2,854 shares of the exchange traded fund’s stock valued at $462,000 after acquiring an additional 65 shares in the last quarter. Finally, Whitener Capital Management Inc. raised its stake in shares of Industrial Select Sector SPDR Fund by 2.9% during the second quarter. Whitener Capital Management Inc. now owns 2,309 shares of the exchange traded fund’s stock valued at $428,000 after acquiring an additional 65 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.