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

Industrial Select Sector SPDR Fund (NYSEARCA:XLI) saw some unusual options trading on Friday. Stock traders acquired 136,986 put options on the stock. This represents an increase of 240% compared to the typical daily volume of 40,270 put options.

Institutional Investors Weigh In On Industrial Select Sector SPDR Fund

Hedge funds have recently made changes to their positions in the company. Occidental Asset Management LLC raised its stake in Industrial Select Sector SPDR Fund by 9.1% during the third quarter. Occidental Asset Management LLC now owns 3,906 shares of the exchange traded fund’s stock valued at $602,000 after buying an additional 325 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its stake in Industrial Select Sector SPDR Fund by 0.8% during the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 628,152 shares of the exchange traded fund’s stock valued at $96,871,000 after buying an additional 5,064 shares during the last quarter. J.Safra Asset Management Corp raised its stake in Industrial Select Sector SPDR Fund by 3.1% during the third quarter. J.Safra Asset Management Corp now owns 308,130 shares of the exchange traded fund’s stock valued at $47,523,000 after buying an additional 9,334 shares during the last quarter. Bank Hapoalim BM raised its stake in Industrial Select Sector SPDR Fund by 1.1% during the third quarter. Bank Hapoalim BM now owns 40,926 shares of the exchange traded fund’s stock valued at $6,312,000 after buying an additional 450 shares during the last quarter. Finally, CFC Planning Co LLC raised its stake in Industrial Select Sector SPDR Fund by 17.9% during the third quarter. CFC Planning Co LLC now owns 16,917 shares of the exchange traded fund’s stock valued at $2,609,000 after buying an additional 2,569 shares during the last quarter.

Industrial Select Sector SPDR Fund Stock Down 1.8%

NYSEARCA XLI opened at $171.40 on Friday. Industrial Select Sector SPDR Fund has a twelve month low of $139.63 and a twelve month high of $179.30. The firm has a market capitalization of $29.67 billion, a PE ratio of 24.30 and a beta of 1.01. The stock’s 50 day moving average is $168.98 and its 200 day moving average is $163.93.

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.