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

Energy Select Sector SPDR Fund (NYSEARCA:XLE) was the recipient of some unusual options trading on Friday. Investors acquired 188,826 put options on the stock. This represents an increase of 88% compared to the average volume of 100,351 put options.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Highline Wealth Partners LLC purchased a new position in Energy Select Sector SPDR Fund during the third quarter worth about $25,000. Mark Sheptoff Financial Planning LLC boosted its position in shares of Energy Select Sector SPDR Fund by 80.6% during the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 307 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 137 shares during the last quarter. ORG Wealth Partners LLC purchased a new position in shares of Energy Select Sector SPDR Fund during the third quarter worth about $29,000. HHM Wealth Advisors LLC increased its position in shares of Energy Select Sector SPDR Fund by 363.3% in the second quarter. HHM Wealth Advisors LLC now owns 366 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 287 shares during the last quarter. Finally, Studio Investment Management LLC raised its stake in Energy Select Sector SPDR Fund by 59.9% in the third quarter. Studio Investment Management LLC now owns 438 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 164 shares in the last quarter.

Energy Select Sector SPDR Fund Trading Up 1.0 %

Energy Select Sector SPDR Fund stock opened at $84.14 on Friday. The firm’s 50 day simple moving average is $91.71 and its 200 day simple moving average is $90.44. Energy Select Sector SPDR Fund has a 1-year low of $78.98 and a 1-year high of $98.97. 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 Company Profile

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.