Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE) Reaches New 1-Year High at $43.69

Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $43.69 and last traded at $43.67, with a volume of 2524033 shares changing hands. The stock had previously closed at $43.55.

Real Estate Select Sector SPDR Fund Stock Down 0.3 %

The stock has a 50-day moving average price of $41.03 and a 200 day moving average price of $39.13. The firm has a market capitalization of $6.52 billion, a price-to-earnings ratio of 27.73 and a beta of 0.97.

Institutional Investors Weigh In On Real Estate Select Sector SPDR Fund

Several institutional investors have recently modified their holdings of the company. WBH Advisory Inc. raised its holdings in Real Estate Select Sector SPDR Fund by 0.5% during the second quarter. WBH Advisory Inc. now owns 57,149 shares of the company’s stock worth $2,195,000 after purchasing an additional 266 shares in the last quarter. Beech Hill Advisors Inc. raised its stake in Real Estate Select Sector SPDR Fund by 5.1% during the 2nd quarter. Beech Hill Advisors Inc. now owns 5,558 shares of the company’s stock worth $213,000 after acquiring an additional 270 shares in the last quarter. Larson Financial Group LLC lifted its position in Real Estate Select Sector SPDR Fund by 6.6% in the first quarter. Larson Financial Group LLC now owns 4,398 shares of the company’s stock valued at $174,000 after acquiring an additional 274 shares during the last quarter. Forefront Analytics LLC lifted its position in Real Estate Select Sector SPDR Fund by 1.1% in the fourth quarter. Forefront Analytics LLC now owns 28,059 shares of the company’s stock valued at $1,124,000 after acquiring an additional 293 shares during the last quarter. Finally, Hardy Reed LLC increased its position in shares of Real Estate Select Sector SPDR Fund by 3.1% during the first quarter. Hardy Reed LLC now owns 10,009 shares of the company’s stock worth $396,000 after purchasing an additional 304 shares in the last quarter.

Real Estate Select Sector SPDR Fund Company Profile

The Real Estate Select Sector SPDR Fund (XLRE) is an exchange-traded fund that is based on the S&P Real Estate Select Sector index, a market-cap-weighted index of REITs and real estate stocks, excluding mortgage REITs, from the S&P 500. XLRE was launched on Oct 7, 2015 and is managed by State Street.