Energy Select Sector SPDR Sees Unusually High Options Volume (XLE)

Energy Select Sector SPDR (NYSE:XLE) was the target of unusually large options trading on Thursday. Stock traders bought 27,921 call options on the stock. This is an increase of 121% compared to the typical daily volume of 12,641 call options.

Several hedge funds and other institutional investors have recently made changes to their positions in XLE. Joel Isaacson & Co. LLC increased its position in shares of Energy Select Sector SPDR by 0.3% in the second quarter. Joel Isaacson & Co. LLC now owns 4,360 shares of the exchange traded fund’s stock worth $283,000 after buying an additional 11 shares in the last quarter. MCF Advisors LLC increased its position in shares of Energy Select Sector SPDR by 0.6% in the second quarter. MCF Advisors LLC now owns 5,075 shares of the exchange traded fund’s stock worth $329,000 after buying an additional 29 shares in the last quarter. Financial Advisory Service Inc. increased its position in shares of Energy Select Sector SPDR by 0.6% in the second quarter. Financial Advisory Service Inc. now owns 6,582 shares of the exchange traded fund’s stock worth $427,000 after buying an additional 38 shares in the last quarter. Country Trust Bank increased its position in shares of Energy Select Sector SPDR by 1.7% in the second quarter. Country Trust Bank now owns 2,826 shares of the exchange traded fund’s stock worth $183,000 after buying an additional 48 shares in the last quarter. Finally, Telos Capital Management Inc. increased its position in shares of Energy Select Sector SPDR by 1.0% in the second quarter. Telos Capital Management Inc. now owns 5,991 shares of the exchange traded fund’s stock worth $389,000 after buying an additional 62 shares in the last quarter.

Energy Select Sector SPDR (NYSE XLE) traded up 0.50% during midday trading on Friday, reaching $62.32. The company’s stock had a trading volume of 18,632,664 shares. Energy Select Sector SPDR has a 12-month low of $61.81 and a 12-month high of $78.45. The firm has a 50 day moving average price of $64.96 and a 200-day moving average price of $67.89.

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Energy Select Sector SPDR 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.

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