Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE) Shares Up 2.4%

Shares of Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE) were up 2.4% on Thursday . The stock traded as high as $37.98 and last traded at $37.95. Approximately 8,898,476 shares changed hands during trading, an increase of 11% from the average daily volume of 8,011,095 shares. The stock had previously closed at $37.07.

Real Estate Select Sector SPDR Fund Price Performance

The company’s 50 day simple moving average is $38.05 and its 200 day simple moving average is $37.77. The company has a market capitalization of $5.68 billion, a PE ratio of 27.73 and a beta of 0.97.

Institutional Trading of Real Estate Select Sector SPDR Fund

Several institutional investors and hedge funds have recently made changes to their positions in the company. Bar Harbor Wealth Management lifted its position in Real Estate Select Sector SPDR Fund by 0.4% during the 3rd quarter. Bar Harbor Wealth Management now owns 66,332 shares of the company’s stock worth $2,260,000 after acquiring an additional 267 shares during the period. Silvia Mccoll Wealth Management LLC lifted its holdings in shares of Real Estate Select Sector SPDR Fund by 1.5% during the fourth quarter. Silvia Mccoll Wealth Management LLC now owns 18,483 shares of the company’s stock worth $740,000 after purchasing an additional 267 shares during the period. Larson Financial Group LLC grew its position in Real Estate Select Sector SPDR Fund by 6.6% in the 1st quarter. Larson Financial Group LLC now owns 4,398 shares of the company’s stock valued at $174,000 after buying an additional 274 shares during the last quarter. Ellsworth Advisors LLC increased its stake in Real Estate Select Sector SPDR Fund by 0.5% in the 4th quarter. Ellsworth Advisors LLC now owns 55,977 shares of the company’s stock valued at $2,242,000 after buying an additional 281 shares during the period. Finally, Advisory Resource Group lifted its stake in shares of Real Estate Select Sector SPDR Fund by 3.3% in the 4th quarter. Advisory Resource Group now owns 9,307 shares of the company’s stock worth $373,000 after acquiring an additional 293 shares during the period.

About Real Estate Select Sector SPDR Fund

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.