Traders Buy Large Volume of Real Estate Select Sector SPDR Fund Put Options (NYSEARCA:XLRE)

Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE) was the recipient of some unusual options trading activity on Friday. Stock traders bought 2,519 put options on the stock. This is an increase of approximately 110% compared to the typical daily volume of 1,201 put options.

Institutional Trading of Real Estate Select Sector SPDR Fund

Institutional investors and hedge funds have recently bought and sold shares of the business. Brighton Jones LLC purchased a new stake in Real Estate Select Sector SPDR Fund during the 4th quarter valued at approximately $279,000. Goldman Sachs Group Inc. grew its position in Real Estate Select Sector SPDR Fund by 12.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 593,100 shares of the company’s stock valued at $24,821,000 after buying an additional 67,699 shares during the last quarter. U.S. Capital Wealth Advisors LLC increased its stake in Real Estate Select Sector SPDR Fund by 18.8% in the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 29,750 shares of the company’s stock valued at $1,232,000 after buying an additional 4,709 shares during the period. Fifth Third Bancorp increased its stake in Real Estate Select Sector SPDR Fund by 1.7% in the 2nd quarter. Fifth Third Bancorp now owns 41,058 shares of the company’s stock valued at $1,701,000 after buying an additional 676 shares during the period. Finally, Perigon Wealth Management LLC raised its position in Real Estate Select Sector SPDR Fund by 9.7% during the 2nd quarter. Perigon Wealth Management LLC now owns 8,418 shares of the company’s stock worth $349,000 after buying an additional 747 shares during the last quarter.

Real Estate Select Sector SPDR Fund Stock Performance

XLRE opened at $41.25 on Friday. The stock has a market capitalization of $7.10 billion, a PE ratio of 39.18 and a beta of 1.00. Real Estate Select Sector SPDR Fund has a one year low of $35.76 and a one year high of $43.86. The business’s 50 day moving average price is $40.85 and its 200 day moving average price is $41.43.

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.