Communication Services Select Sector SPDR Fund (NYSEARCA:XLC) Reaches New 1-Year High at $80.77

Communication Services Select Sector SPDR Fund (NYSEARCA:XLCGet Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $80.77 and last traded at $80.61, with a volume of 1218389 shares changing hands. The stock had previously closed at $79.08.

Communication Services Select Sector SPDR Fund Price Performance

The company has a market capitalization of $16.97 billion, a PE ratio of 14.26 and a beta of 1.02. The firm has a 50-day simple moving average of $77.96 and a 200 day simple moving average of $71.95.

Institutional Investors Weigh In On Communication Services Select Sector SPDR Fund

A number of large investors have recently added to or reduced their stakes in the company. Householder Group Estate & Retirement Specialist LLC acquired a new position in shares of Communication Services Select Sector SPDR Fund in the 4th quarter worth approximately $25,000. Deutsche Bank AG acquired a new stake in shares of Communication Services Select Sector SPDR Fund in the 3rd quarter worth about $25,000. Headlands Technologies LLC bought a new stake in Communication Services Select Sector SPDR Fund in the 3rd quarter valued at about $25,000. Windsor Advisory Group LLC acquired a new position in Communication Services Select Sector SPDR Fund during the 4th quarter valued at about $28,000. Finally, Capital Investment Advisory Services LLC grew its position in Communication Services Select Sector SPDR Fund by 4,775.0% in the 4th quarter. Capital Investment Advisory Services LLC now owns 390 shares of the company’s stock worth $28,000 after purchasing an additional 382 shares during the last quarter.

Communication Services Select Sector SPDR Fund Company Profile

(Get Free Report)

The Communication Services Select Sector SPDR Fund (XLC) is an exchange-traded fund that mostly invests in communication services equity. The fund tracks a market-cap-weighted index of US telecommunication and media & entertainment components of the S&P 500 index. XLC was launched on Jun 18, 2018 and is managed by State Street.

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