Traders Purchase High Volume of Put Options on Industrial Select Sector SPDR Fund (NYSEARCA:XLI)

Industrial Select Sector SPDR Fund (NYSEARCA:XLI) was the recipient of some unusual options trading on Friday. Stock traders acquired 164,414 put options on the stock. This is an increase of approximately 216% compared to the typical daily volume of 51,967 put options.

Industrial Select Sector SPDR Fund Trading Down 0.4%

Shares of XLI opened at $164.65 on Friday. Industrial Select Sector SPDR Fund has a 12-month low of $112.75 and a 12-month high of $179.30. The company has a market cap of $27.86 billion, a PE ratio of 24.30 and a beta of 1.07. The stock has a 50-day moving average price of $169.34 and a 200-day moving average price of $158.97.

Institutional Trading of Industrial Select Sector SPDR Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. Cornerstone Planning Group LLC boosted its holdings in shares of Industrial Select Sector SPDR Fund by 118.7% in the 3rd quarter. Cornerstone Planning Group LLC now owns 164 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 89 shares in the last quarter. Richards Merrill & Peterson Inc. purchased a new position in shares of Industrial Select Sector SPDR Fund during the 4th quarter valued at about $25,000. Ankerstar Wealth LLC bought a new stake in Industrial Select Sector SPDR Fund in the 4th quarter worth approximately $25,000. Financial Network Wealth Advisors LLC boosted its stake in Industrial Select Sector SPDR Fund by 148.1% in the fourth quarter. Financial Network Wealth Advisors LLC now owns 196 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 117 shares in the last quarter. Finally, Chung Wu Investment Group LLC purchased a new stake in Industrial Select Sector SPDR Fund in the third quarter worth approximately $31,000.

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.