Financial Select Sector SPDR Fund (NYSEARCA:XLF) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

Financial Select Sector SPDR Fund (NYSEARCA:XLF) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $46.41 and traded as high as $50.71. Financial Select Sector SPDR Fund shares last traded at $50.65, with a volume of 33,232,256 shares changing hands.

Financial Select Sector SPDR Fund Stock Performance

The firm has a market cap of $47.22 billion, a price-to-earnings ratio of 18.32 and a beta of 0.83. The firm has a fifty day simple moving average of $49.42 and a 200-day simple moving average of $46.41.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Arlington Capital Management Inc. raised its stake in Financial Select Sector SPDR Fund by 4.1% in the 3rd 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 in the last quarter. One Wealth Management Investment & Advisory Services LLC boosted its holdings in shares of Financial Select Sector SPDR Fund by 2.7% during the 3rd quarter. One Wealth Management Investment & Advisory Services LLC now owns 8,419 shares of the exchange traded fund’s stock valued at $382,000 after acquiring an additional 224 shares in the last quarter. Providence Capital Advisors LLC boosted its stake in shares of Financial Select Sector SPDR Fund by 10.5% during the third quarter. Providence Capital Advisors LLC now owns 2,377 shares of the exchange traded fund’s stock valued at $108,000 after purchasing an additional 226 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in Financial Select Sector SPDR Fund by 18.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,481 shares of the exchange traded fund’s stock worth $72,000 after buying an additional 231 shares during the period. Finally, Sunbelt Securities Inc. lifted its holdings in shares of Financial Select Sector SPDR Fund by 7.1% during the second quarter. Sunbelt Securities Inc. now owns 3,541 shares of the exchange traded fund’s stock worth $146,000 after purchasing an additional 234 shares during the period.

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.