Utilities SPDR (NYSE:XLU) was the target of some unusual options trading on Tuesday. Investors acquired 72,782 call options on the company. This represents an increase of approximately 448% compared to the typical volume of 13,293 call options.

Utilities SPDR (XLU) opened at 54.97 on Friday. The stock has a 50 day moving average price of $53.77 and a 200-day moving average price of $52.42. Utilities SPDR has a 12 month low of $45.33 and a 12 month high of $55.34.

Several hedge funds have recently made changes to their positions in the stock. Sei Investments Co. raised its stake in shares of Utilities SPDR by 11,337.5% in the second quarter. Sei Investments Co. now owns 3,660 shares of the exchange traded fund’s stock valued at $190,000 after buying an additional 3,628 shares during the period. Parsec Financial Management Inc. purchased a new stake in shares of Utilities SPDR during the second quarter valued at $437,000. Barry Investment Advisors LLC raised its stake in shares of Utilities SPDR by 0.5% in the second quarter. Barry Investment Advisors LLC now owns 27,381 shares of the exchange traded fund’s stock valued at $1,423,000 after buying an additional 137 shares during the period. Texas Permanent School Fund purchased a new stake in shares of Utilities SPDR during the second quarter valued at $923,000. Finally, Ingalls & Snyder LLC raised its stake in shares of Utilities SPDR by 0.8% in the second quarter. Ingalls & Snyder LLC now owns 4,187 shares of the exchange traded fund’s stock valued at $218,000 after buying an additional 35 shares during the period.

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Utilities SPDR Company Profile

Select Sector Utilities Select Sector SPDR Fund (the Fund), formerly Utilities Select Sector SPDR Fund, seeks to provide investment results that correspond to the price and yield performance of the Utilities Select Sector of the S&P 500 Index (the Index). The Index includes companies from industries, such as electric utilities, multi-utilities, independent power producers and energy traders, and gas utilities.

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