Traders Purchase High Volume of Energy Select Sector SPDR Fund Put Options (NYSEARCA:XLE)

Energy Select Sector SPDR Fund (NYSEARCA:XLE) saw unusually large options trading activity on Friday. Investors purchased 188,826 put options on the stock. This represents an increase of 88% compared to the average daily volume of 100,351 put options.

Energy Select Sector SPDR Fund Trading Up 1.0 %

Shares of Energy Select Sector SPDR Fund stock opened at $84.14 on Friday. The business’s 50-day moving average price is $91.71 and its 200-day moving average price is $90.44. The firm has a market capitalization of $36.46 billion, a PE ratio of 8.52 and a beta of 0.48. Energy Select Sector SPDR Fund has a 12 month low of $78.98 and a 12 month high of $98.97.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of XLE. Sumitomo Mitsui Trust Holdings Inc. grew its position in Energy Select Sector SPDR Fund by 9.9% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 30,648 shares of the exchange traded fund’s stock worth $2,794,000 after acquiring an additional 2,749 shares during the last quarter. Capital Insight Partners LLC raised its position in Energy Select Sector SPDR Fund by 2.9% during the 2nd quarter. Capital Insight Partners LLC now owns 101,490 shares of the exchange traded fund’s stock valued at $9,251,000 after purchasing an additional 2,855 shares during the last quarter. Private Wealth Group LLC lifted its holdings in Energy Select Sector SPDR Fund by 2.8% in the 2nd quarter. Private Wealth Group LLC now owns 13,224 shares of the exchange traded fund’s stock worth $1,205,000 after buying an additional 357 shares during the period. Provident Co of the Employees of the Hebrew University LTD grew its position in shares of Energy Select Sector SPDR Fund by 2.6% in the 2nd quarter. Provident Co of the Employees of the Hebrew University LTD now owns 37,454 shares of the exchange traded fund’s stock worth $3,413,000 after buying an additional 946 shares during the last quarter. Finally, Cape ANN Savings Bank grew its position in shares of Energy Select Sector SPDR Fund by 10.9% in the 2nd quarter. Cape ANN Savings Bank now owns 4,866 shares of the exchange traded fund’s stock worth $444,000 after buying an additional 480 shares during the last quarter.

About Energy Select Sector SPDR Fund

Energy Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Energy Select Sector Index (the Index). The Index includes companies from the following industries oil, gas and consumable fuels, and energy equipment and services.