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

Energy Select Sector SPDR Fund (NYSEARCA:XLE) saw unusually large options trading on Monday. Stock investors acquired 166,341 put options on the stock. This represents an increase of approximately 63% compared to the average volume of 102,074 put options.

Institutional Investors Weigh In On Energy Select Sector SPDR Fund

Several large investors have recently bought and sold shares of the stock. Park Square Financial Group LLC acquired a new position in shares of Energy Select Sector SPDR Fund during the 4th quarter worth about $184,000. Pinnacle Wealth Planning Services Inc. boosted its position in shares of Energy Select Sector SPDR Fund by 131.6% during the 4th quarter. Pinnacle Wealth Planning Services Inc. now owns 16,146 shares of the exchange traded fund’s stock worth $1,383,000 after acquiring an additional 9,173 shares in the last quarter. LM Advisors LLC boosted its position in shares of Energy Select Sector SPDR Fund by 18.7% during the 4th quarter. LM Advisors LLC now owns 3,020 shares of the exchange traded fund’s stock worth $259,000 after acquiring an additional 476 shares in the last quarter. Leigh Baldwin & CO. LLC acquired a new position in shares of Energy Select Sector SPDR Fund during the 4th quarter worth about $444,000. Finally, Armis Advisers LLC acquired a new position in shares of Energy Select Sector SPDR Fund during the 4th quarter worth about $207,000.

Energy Select Sector SPDR Fund Price Performance

Shares of NYSEARCA XLE opened at $87.82 on Tuesday. The stock’s 50-day moving average is $89.34 and its two-hundred day moving average is $90.05. Energy Select Sector SPDR Fund has a 1-year low of $82.75 and a 1-year high of $98.97. The company has a market cap of $32.12 billion, a price-to-earnings ratio of 14.68 and a beta of 1.23.

About Energy Select Sector SPDR Fund

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.