Financial Select Sector SPDR Fund (NYSEARCA:XLF) Stock Passes Above Two Hundred Day Moving Average of $33.47

Financial Select Sector SPDR Fund (NYSEARCA:XLFGet Rating)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $33.47 and traded as high as $35.48. Financial Select Sector SPDR Fund shares last traded at $35.45, with a volume of 33,914,542 shares.

Financial Select Sector SPDR Fund Stock Performance

The company has a fifty day moving average of $34.78 and a two-hundred day moving average of $33.47.

Hedge Funds Weigh In On Financial Select Sector SPDR Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in XLF. Fairfield Bush & CO. acquired a new position in Financial Select Sector SPDR Fund in the 1st quarter valued at $62,000. Natixis Advisors L.P. bought a new position in shares of Financial Select Sector SPDR Fund in the 1st quarter valued at $454,000. Mather Group LLC. bought a new position in shares of Financial Select Sector SPDR Fund in the 1st quarter valued at $402,000. NewEdge Advisors LLC increased its stake in shares of Financial Select Sector SPDR Fund by 44.5% in the 1st quarter. NewEdge Advisors LLC now owns 265,627 shares of the exchange traded fund’s stock valued at $10,179,000 after purchasing an additional 81,759 shares during the last quarter. Finally, First Western Trust Bank bought a new position in shares of Financial Select Sector SPDR Fund in the 1st quarter valued at $242,000.

Financial Select Sector SPDR Fund Company Profile

(Get Rating)

The Fund seeks to provide investors with a low-cost passive approach for investing in a portfolio of equity securities of firms as represented by the Financial Select Sector Index.

Further Reading

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