Traders sold shares of Financial Select Sector SPDR Fund (NYSEARCA:XLF) on strength during trading on Tuesday. $128.46 million flowed into the stock on the tick-up and $159.43 million flowed out of the stock on the tick-down, for a money net flow of $30.97 million out of the stock. Of all stocks tracked, Financial Select Sector SPDR Fund had the 30th highest net out-flow for the day. Financial Select Sector SPDR Fund traded up $0.14 for the day and closed at $28.47

Hedge funds have recently bought and sold shares of the company. Moneta Group Investment Advisors LLC purchased a new position in Financial Select Sector SPDR Fund in the second quarter worth approximately $110,000. Legacy Advisors LLC purchased a new position in Financial Select Sector SPDR Fund in the second quarter worth approximately $114,000. Gables Capital Management Inc. purchased a new position in Financial Select Sector SPDR Fund in the first quarter worth approximately $138,000. Kwmg LLC purchased a new position in Financial Select Sector SPDR Fund in the second quarter worth approximately $145,000. Finally, McAdam LLC grew its position in Financial Select Sector SPDR Fund by 76.5% in the second quarter. McAdam LLC now owns 5,666 shares of the exchange traded fund’s stock worth $151,000 after acquiring an additional 2,455 shares during the period.

About Financial Select Sector SPDR Fund (NYSEARCA:XLF)

The Fund seeks to provide investors with a low-cost passive approach for investing in a portfolio of equity securities of firms as represented by the Financial Select Sector Index.

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