Financial Select Sector SPDR Fund (NYSEARCA:XLF) Stock Price Crosses Above 200-Day Moving Average – Here’s What Happened

Shares of Financial Select Sector SPDR Fund (NYSEARCA:XLF) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $47.41 and traded as high as $51.77. Financial Select Sector SPDR Fund shares last traded at $51.70, with a volume of 36,358,510 shares.

Financial Select Sector SPDR Fund Stock Performance

The stock’s fifty day moving average is $49.73 and its two-hundred day moving average is $47.41. The firm has a market cap of $48.20 billion, a price-to-earnings ratio of 18.32 and a beta of 0.83.

Institutional Trading of Financial Select Sector SPDR Fund

A number of large investors have recently modified their holdings of XLF. Alpha Financial Partners LLC acquired a new position in Financial Select Sector SPDR Fund during the 3rd quarter valued at about $252,000. ORG Partners LLC boosted its position in shares of Financial Select Sector SPDR Fund by 95.9% during the 3rd quarter. ORG Partners LLC now owns 956 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 468 shares in the last quarter. Creative Planning boosted its position in shares of Financial Select Sector SPDR Fund by 3.4% during the 3rd quarter. Creative Planning now owns 393,441 shares of the exchange traded fund’s stock valued at $17,831,000 after purchasing an additional 12,808 shares in the last quarter. SeaCrest Wealth Management LLC boosted its position in shares of Financial Select Sector SPDR Fund by 3.2% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 29,883 shares of the exchange traded fund’s stock valued at $1,354,000 after purchasing an additional 937 shares in the last quarter. Finally, Vontobel Holding Ltd. boosted its position in shares of Financial Select Sector SPDR Fund by 3.4% during the 3rd quarter. Vontobel Holding Ltd. now owns 458,942 shares of the exchange traded fund’s stock valued at $20,799,000 after purchasing an additional 14,938 shares in 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.