Consumer Staples Select Sector SPDR Fund Sees Unusually Large Options Volume (NYSEARCA:XLP)

Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP) was the recipient of some unusual options trading activity on Thursday. Stock investors purchased 27,219 put options on the stock. This represents an increase of 51% compared to the average volume of 18,010 put options.

Consumer Staples Select Sector SPDR Fund Stock Performance

Shares of NYSEARCA:XLP opened at $79.51 on Friday. Consumer Staples Select Sector SPDR Fund has a 52-week low of $72.93 and a 52-week high of $84.53. The company has a market capitalization of $16.24 billion, a P/E ratio of 23.95 and a beta of 0.61. The company has a 50-day simple moving average of $79.73 and a 200 day simple moving average of $80.97.

Institutional Investors Weigh In On Consumer Staples Select Sector SPDR Fund

Institutional investors have recently made changes to their positions in the company. WESPAC Advisors SoCal LLC boosted its stake in shares of Consumer Staples Select Sector SPDR Fund by 26.8% in the third quarter. WESPAC Advisors SoCal LLC now owns 28,919 shares of the exchange traded fund’s stock valued at $2,400,000 after buying an additional 6,118 shares during the period. Atlanta Consulting Group Advisors LLC acquired a new position in Consumer Staples Select Sector SPDR Fund in the 3rd quarter valued at $1,117,000. Aptus Capital Advisors LLC lifted its position in shares of Consumer Staples Select Sector SPDR Fund by 3.9% during the 3rd quarter. Aptus Capital Advisors LLC now owns 3,641 shares of the exchange traded fund’s stock valued at $302,000 after acquiring an additional 138 shares during the period. Evolution Wealth Advisors LLC grew its holdings in shares of Consumer Staples Select Sector SPDR Fund by 1.4% during the 3rd quarter. Evolution Wealth Advisors LLC now owns 130,687 shares of the exchange traded fund’s stock worth $10,847,000 after purchasing an additional 1,791 shares in the last quarter. Finally, Turtle Creek Wealth Advisors LLC increased its position in shares of Consumer Staples Select Sector SPDR Fund by 9,224.0% in the third quarter. Turtle Creek Wealth Advisors LLC now owns 116,643 shares of the exchange traded fund’s stock worth $9,681,000 after purchasing an additional 115,392 shares during the period.

Consumer Staples Select Sector SPDR Fund Company Profile

Consumer Staples Select Sector SPDR Fund (the Fund) seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Consumer Staples Select Sector Index (the Index).The Fund typically invests in substantially all of the securities represented in the Index in approximately the same proportions as the Index.