Traders Buy High Volume of Consumer Staples Select Sector SPDR Fund Put Options (NYSEARCA:XLP)

Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLPGet Rating) was the recipient of unusually large options trading activity on Tuesday. Traders bought 55,041 put options on the stock. This represents an increase of approximately 53% compared to the typical volume of 35,982 put options.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of XLP. Northern Trust Corp increased its stake in Consumer Staples Select Sector SPDR Fund by 4.3% during the 4th quarter. Northern Trust Corp now owns 139,853 shares of the exchange traded fund’s stock valued at $10,784,000 after purchasing an additional 5,708 shares in the last quarter. UMB Bank N A MO acquired a new position in Consumer Staples Select Sector SPDR Fund during the 4th quarter valued at approximately $68,000. Dowling & Yahnke LLC increased its stake in Consumer Staples Select Sector SPDR Fund by 37.6% during the 4th quarter. Dowling & Yahnke LLC now owns 4,722 shares of the exchange traded fund’s stock valued at $364,000 after purchasing an additional 1,290 shares in the last quarter. RiverFront Investment Group LLC increased its stake in Consumer Staples Select Sector SPDR Fund by 2.5% during the 4th quarter. RiverFront Investment Group LLC now owns 307,962 shares of the exchange traded fund’s stock valued at $23,746,000 after purchasing an additional 7,488 shares in the last quarter. Finally, AMJ Financial Wealth Management acquired a new stake in shares of Consumer Staples Select Sector SPDR Fund in the fourth quarter worth $307,000.

Consumer Staples Select Sector SPDR Fund Trading Down 0.6 %

NYSEARCA XLP opened at $72.15 on Wednesday. Consumer Staples Select Sector SPDR Fund has a 52 week low of $68.22 and a 52 week high of $81.34. The company has a 50 day moving average price of $74.09 and a 200 day moving average price of $74.68.

Consumer Staples Select Sector SPDR Fund Company Profile

(Get Rating)

Consumer Staples Select Sector SPDR Fund (the Fund) seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Consumer Staples Select Sector Index (the Index).The Fund typically invests in substantially all of the securities represented in the Index in approximately the same proportions as the Index.

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