Consumer Staples Select Sector SPDR Fund Sees Unusually Large Options Volume (NYSEARCA:XLP)

Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP) was the recipient of unusually large options trading activity on Monday. Investors purchased 18,077 call options on the company. This is an increase of 14% compared to the typical volume of 15,849 call options.

Hedge Funds Weigh In On Consumer Staples Select Sector SPDR Fund

A number of hedge funds have recently made changes to their positions in XLP. EverSource Wealth Advisors LLC raised its position in shares of Consumer Staples Select Sector SPDR Fund by 69.7% during the first quarter. EverSource Wealth Advisors LLC now owns 414 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 170 shares during the last quarter. Soltis Investment Advisors LLC grew its stake in Consumer Staples Select Sector SPDR Fund by 15.3% during the first quarter. Soltis Investment Advisors LLC now owns 19,403 shares of the exchange traded fund’s stock valued at $1,482,000 after acquiring an additional 2,578 shares in the last quarter. Cetera Advisor Networks LLC increased its holdings in Consumer Staples Select Sector SPDR Fund by 25.0% in the 1st quarter. Cetera Advisor Networks LLC now owns 492,576 shares of the exchange traded fund’s stock valued at $37,613,000 after acquiring an additional 98,412 shares during the last quarter. Cetera Advisors LLC lifted its stake in Consumer Staples Select Sector SPDR Fund by 65.3% in the 1st quarter. Cetera Advisors LLC now owns 171,661 shares of the exchange traded fund’s stock worth $13,108,000 after purchasing an additional 67,783 shares in the last quarter. Finally, Cetera Investment Advisers boosted its holdings in shares of Consumer Staples Select Sector SPDR Fund by 207.2% during the 1st quarter. Cetera Investment Advisers now owns 787,165 shares of the exchange traded fund’s stock valued at $60,108,000 after purchasing an additional 530,910 shares during the last quarter.

Consumer Staples Select Sector SPDR Fund Stock Performance

Shares of Consumer Staples Select Sector SPDR Fund stock opened at $77.91 on Tuesday. The company has a fifty day moving average of $76.69 and a 200 day moving average of $74.63. The company has a market capitalization of $14.67 billion, a P/E ratio of 25.58 and a beta of 0.45. Consumer Staples Select Sector SPDR Fund has a fifty-two week low of $65.18 and a fifty-two week high of $78.61.

Consumer Staples Select Sector SPDR Fund Company Profile

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.