Industrial Select Sector SPDR Fund Sees Unusually Large Options Volume (NYSEARCA:XLI)

Industrial Select Sector SPDR Fund (NYSEARCA:XLI) saw unusually large options trading on Tuesday. Stock investors acquired 153,614 put options on the stock. This represents an increase of 177% compared to the average daily volume of 55,403 put options.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC boosted its stake in Industrial Select Sector SPDR Fund by 118.7% in the third quarter. Cornerstone Planning Group LLC now owns 164 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 89 shares in the last quarter. Richards Merrill & Peterson Inc. acquired a new stake in shares of Industrial Select Sector SPDR Fund during the fourth quarter worth about $25,000. Ankerstar Wealth LLC purchased a new stake in shares of Industrial Select Sector SPDR Fund in the 4th quarter valued at about $25,000. Financial Network Wealth Advisors LLC boosted its position in shares of Industrial Select Sector SPDR Fund by 148.1% in the 4th quarter. Financial Network Wealth Advisors LLC now owns 196 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 117 shares during the period. Finally, Chung Wu Investment Group LLC acquired a new stake in shares of Industrial Select Sector SPDR Fund in the 3rd quarter valued at about $31,000.

Industrial Select Sector SPDR Fund Stock Performance

Shares of XLI opened at $176.98 on Wednesday. The stock has a market capitalization of $29.94 billion, a PE ratio of 24.30 and a beta of 1.07. The company’s 50-day simple moving average is $165.13 and its 200-day simple moving average is $157.15. Industrial Select Sector SPDR Fund has a 1 year low of $112.75 and a 1 year high of $178.22.

About Industrial Select Sector SPDR Fund

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.