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

Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP) was the recipient of some unusual options trading on Monday. Investors acquired 250,916 put options on the stock. Thisrepresentsanincreaseofapproximately998% compared to the average daily volume of 22,859 put options.

Hedge Funds Weigh In On Consumer Staples Select Sector SPDR Fund

Institutional investors and hedge funds have recently modified their holdings of the business. J.W. Cole Advisors Inc. boosted its holdings in Consumer Staples Select Sector SPDR Fund by 36.6% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 157,993 shares of the exchange traded fund’s stock worth $12,793,000 after buying an additional 42,304 shares during the last quarter. Resolute Wealth Strategies LLC purchased a new stake in shares of Consumer Staples Select Sector SPDR Fund during the 2nd quarter valued at approximately $562,000. Laurel Wealth Advisors LLC raised its position in shares of Consumer Staples Select Sector SPDR Fund by 8,306.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,170,018 shares of the exchange traded fund’s stock valued at $175,706,000 after buying an additional 2,144,203 shares during the period. Jaffetilchin Investment Partners LLC raised its position in Consumer Staples Select Sector SPDR Fund by 19.4% in the second quarter. Jaffetilchin Investment Partners LLC now owns 7,426 shares of the exchange traded fund’s stock valued at $601,000 after purchasing an additional 1,207 shares during the period. Finally, Global Retirement Partners LLC purchased a new stake in Consumer Staples Select Sector SPDR Fund in the second quarter valued at approximately $846,000.

Consumer Staples Select Sector SPDR Fund Stock Up 0.3%

Shares of Consumer Staples Select Sector SPDR Fund stock opened at $82.63 on Wednesday. Consumer Staples Select Sector SPDR Fund has a twelve month low of $75.61 and a twelve month high of $84.53. The business has a 50-day moving average price of $81.22 and a 200 day moving average price of $80.98. The firm has a market cap of $16.44 billion, a PE ratio of 20.82 and a beta of 0.58.

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.