Industrial Select Sector SPDR Fund (NYSEARCA:XLI) Sets New 12-Month High at $135.84

Industrial Select Sector SPDR Fund (NYSEARCA:XLI) shares hit a new 52-week high on Tuesday . The stock traded as high as $135.84 and last traded at $135.68, with a volume of 4778685 shares. The stock had previously closed at $135.44.

Industrial Select Sector SPDR Fund Stock Performance

The company has a 50-day moving average of $128.28 and a 200-day moving average of $125.13. The stock has a market cap of $19.93 billion, a price-to-earnings ratio of 26.03 and a beta of 0.90.

Institutional Investors Weigh In On Industrial Select Sector SPDR Fund

Several hedge funds have recently modified their holdings of the stock. Scotia Capital Inc. increased its stake in shares of Industrial Select Sector SPDR Fund by 2.4% during the fourth quarter. Scotia Capital Inc. now owns 19,595 shares of the exchange traded fund’s stock worth $2,234,000 after acquiring an additional 462 shares during the period. Brown Brothers Harriman & Co. raised its stake in shares of Industrial Select Sector SPDR Fund by 200.2% during the 4th quarter. Brown Brothers Harriman & Co. now owns 1,282 shares of the exchange traded fund’s stock worth $146,000 after buying an additional 855 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Industrial Select Sector SPDR Fund by 118,083.3% during the 4th quarter. Tower Research Capital LLC TRC now owns 282,458 shares of the exchange traded fund’s stock worth $32,197,000 after buying an additional 282,219 shares in the last quarter. Annex Advisory Services LLC purchased a new stake in shares of Industrial Select Sector SPDR Fund in the fourth quarter valued at approximately $311,000. Finally, Per Stirling Capital Management LLC. purchased a new stake in shares of Industrial Select Sector SPDR Fund in the fourth quarter valued at approximately $1,105,000.

About Industrial Select Sector SPDR Fund

Industrial Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of publicly traded equity securities of companies in The Industrial Select Sector Index (the Index). The Index includes companies from the following industries, aerospace and defense; industrial conglomerates; machinery; road and rail; air freight & logistics; commercial services & supplies; professional services; electrical equipment; construction and engineering; trading companies and distributors; airlines, and building products.