Financial Select Sector SPDR Fund (NYSEARCA:XLF) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Financial Select Sector SPDR Fund (NYSEARCA:XLF) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $45.72 and traded as high as $48.62. Financial Select Sector SPDR Fund shares last traded at $48.59, with a volume of 25,186,578 shares.

Financial Select Sector SPDR Fund Price Performance

The firm has a market cap of $45.30 billion, a price-to-earnings ratio of 18.32 and a beta of 0.83. The business’s 50-day moving average price is $49.15 and its two-hundred day moving average price is $45.72.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of XLF. Arlington Capital Management Inc. boosted its holdings in shares of Financial Select Sector SPDR Fund by 4.1% during the third quarter. Arlington Capital Management Inc. now owns 5,599 shares of the exchange traded fund’s stock worth $254,000 after purchasing an additional 222 shares during the last quarter. One Wealth Management Investment & Advisory Services LLC boosted its stake in Financial Select Sector SPDR Fund by 2.7% in the 3rd quarter. One Wealth Management Investment & Advisory Services LLC now owns 8,419 shares of the exchange traded fund’s stock worth $382,000 after buying an additional 224 shares during the last quarter. Providence Capital Advisors LLC grew its holdings in Financial Select Sector SPDR Fund by 10.5% in the 3rd quarter. Providence Capital Advisors LLC now owns 2,377 shares of the exchange traded fund’s stock valued at $108,000 after buying an additional 226 shares during the period. Sunbelt Securities Inc. grew its holdings in Financial Select Sector SPDR Fund by 7.1% in the 2nd quarter. Sunbelt Securities Inc. now owns 3,541 shares of the exchange traded fund’s stock valued at $146,000 after buying an additional 234 shares during the period. Finally, Planning Capital Management Corp increased its stake in shares of Financial Select Sector SPDR Fund by 14.4% during the 3rd quarter. Planning Capital Management Corp now owns 1,887 shares of the exchange traded fund’s stock valued at $86,000 after acquiring an additional 238 shares during the last quarter.

Financial Select Sector SPDR Fund Company Profile

The Fund seeks to provide investors with a low-cost passive approach for investing in a portfolio of equity securities of firms as represented by the Financial Select Sector Index.