The Industrial Select Sector SPDR Fund (NYSE:XLI) was the recipient of unusually large options trading activity on Wednesday. Stock investors bought 13,499 put options on the stock. This represents an increase of 270% compared to the average volume of 3,646 put options.

A number of institutional investors have recently added to or reduced their stakes in XLI. Puplava Financial Services Inc. grew its holdings in The Industrial Select Sector SPDR Fund by 3.0% in the second quarter. Puplava Financial Services Inc. now owns 13,032 shares of the exchange traded fund’s stock valued at $888,000 after purchasing an additional 378 shares during the period. Appropriate Balance Financial Services Inc. lifted its position in The Industrial Select Sector SPDR Fund by 5.0% during the second quarter. Appropriate Balance Financial Services Inc. now owns 10,802 shares of the exchange traded fund’s stock valued at $158,602,000 after buying an additional 518 shares in the last quarter. Smith Salley & Associates lifted its position in The Industrial Select Sector SPDR Fund by 21.0% during the second quarter. Smith Salley & Associates now owns 26,328 shares of the exchange traded fund’s stock valued at $1,793,000 after buying an additional 4,565 shares in the last quarter. Mechanics Bank Trust Department lifted its position in The Industrial Select Sector SPDR Fund by 1.7% during the second quarter. Mechanics Bank Trust Department now owns 80,683 shares of the exchange traded fund’s stock valued at $5,495,000 after buying an additional 1,382 shares in the last quarter. Finally, Montecito Bank & Trust acquired a new position in The Industrial Select Sector SPDR Fund during the second quarter valued at approximately $579,000.

The Industrial Select Sector SPDR Fund (XLI) opened at 71.94 on Friday. The Industrial Select Sector SPDR Fund has a one year low of $56.27 and a one year high of $72.02. The stock has a 50 day moving average of $69.36 and a 200 day moving average of $67.72.

The business also recently announced a quarterly dividend, which was paid on Monday, September 25th. Investors of record on Monday, September 18th were issued a $0.3159 dividend. The ex-dividend date was Friday, September 15th. This represents a $1.26 dividend on an annualized basis and a yield of 1.76%.

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The Industrial Select Sector SPDR Fund Company Profile

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.

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