Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE) Trading Up 0.4% – Here’s What Happened

Shares of Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE) traded up 0.4% during trading on Monday . The stock traded as high as $42.29 and last traded at $42.00. 5,336,585 shares changed hands during mid-day trading, a decline of 8% from the average session volume of 5,782,031 shares. The stock had previously closed at $41.84.

Real Estate Select Sector SPDR Fund Stock Performance

The firm has a market cap of $7.53 billion, a P/E ratio of 39.18 and a beta of 0.84. The stock’s 50 day simple moving average is $41.60 and its 200 day simple moving average is $41.33.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Hudson Valley Investment Advisors Inc. ADV increased its holdings in shares of Real Estate Select Sector SPDR Fund by 7.9% during the second quarter. Hudson Valley Investment Advisors Inc. ADV now owns 29,227 shares of the company’s stock valued at $1,211,000 after acquiring an additional 2,143 shares in the last quarter. Tanglewood Wealth Management Inc. bought a new stake in Real Estate Select Sector SPDR Fund in the 2nd quarter worth approximately $598,000. Impact Investors Inc increased its position in shares of Real Estate Select Sector SPDR Fund by 3.3% during the 2nd quarter. Impact Investors Inc now owns 14,197 shares of the company’s stock valued at $588,000 after purchasing an additional 457 shares during the last quarter. Alliance Wealth Advisors LLC grew its position in Real Estate Select Sector SPDR Fund by 12.0% in the 2nd quarter. Alliance Wealth Advisors LLC now owns 23,796 shares of the company’s stock valued at $986,000 after acquiring an additional 2,554 shares during the last quarter. Finally, Capital Investment Advisors LLC lifted its holdings in shares of Real Estate Select Sector SPDR Fund by 8.0% in the 2nd quarter. Capital Investment Advisors LLC now owns 1,333,535 shares of the company’s stock worth $55,235,000 after buying an additional 98,762 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.