Energy Select Sector SPDR Fund Sees Unusually Large Options Volume (NYSEARCA:XLE)

Energy Select Sector SPDR Fund (NYSEARCA:XLE) was the target of some unusual options trading activity on Monday. Stock traders acquired 166,341 put options on the company. This is an increase of approximately 63% compared to the average daily volume of 102,074 put options.

Institutional Investors Weigh In On Energy Select Sector SPDR Fund

Several hedge funds have recently bought and sold shares of XLE. Rialto Wealth Management LLC bought a new stake in shares of Energy Select Sector SPDR Fund during the 4th quarter worth about $26,000. GKV Capital Management Co. Inc. acquired a new stake in Energy Select Sector SPDR Fund during the fourth quarter worth approximately $26,000. Hager Investment Management Services LLC bought a new stake in shares of Energy Select Sector SPDR Fund during the fourth quarter worth approximately $32,000. Vermillion Wealth Management Inc. acquired a new position in shares of Energy Select Sector SPDR Fund in the fourth quarter valued at approximately $33,000. Finally, Morling Financial Advisors LLC bought a new position in shares of Energy Select Sector SPDR Fund during the fourth quarter worth approximately $34,000.

Energy Select Sector SPDR Fund Stock Down 1.0 %

XLE stock opened at $86.97 on Wednesday. Energy Select Sector SPDR Fund has a twelve month low of $82.75 and a twelve month high of $98.97. The company has a market cap of $31.81 billion, a price-to-earnings ratio of 14.68 and a beta of 1.23. The business has a 50 day moving average price of $89.41 and a two-hundred day moving average price of $90.03.

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.