Stock Traders Buy Large Volume of Real Estate Select Sector SPDR Fund Put Options (NYSEARCA:XLRE)

Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE) was the target of unusually large options trading activity on Thursday. Traders bought 3,408 put options on the stock. This represents an increase of 100% compared to the average daily volume of 1,704 put options.

Real Estate Select Sector SPDR Fund Stock Up 0.6 %

XLRE stock opened at $39.53 on Friday. The company has a market capitalization of $4.92 billion, a price-to-earnings ratio of 32.42 and a beta of 0.84. Real Estate Select Sector SPDR Fund has a 12 month low of $31.99 and a 12 month high of $40.75. The firm has a 50 day moving average of $38.78 and a two-hundred day moving average of $37.24.

Institutional Trading of Real Estate Select Sector SPDR Fund

Large investors have recently added to or reduced their stakes in the business. Register Financial Advisors LLC bought a new stake in Real Estate Select Sector SPDR Fund in the fourth quarter worth approximately $25,000. Marathon Trading Investment Management LLC bought a new stake in shares of Real Estate Select Sector SPDR Fund during the 3rd quarter worth $27,000. ICA Group Wealth Management LLC boosted its holdings in shares of Real Estate Select Sector SPDR Fund by 444.7% during the 1st quarter. ICA Group Wealth Management LLC now owns 719 shares of the company’s stock worth $27,000 after buying an additional 587 shares during the period. Franklin Resources Inc. boosted its holdings in shares of Real Estate Select Sector SPDR Fund by 353.1% during the 4th quarter. Franklin Resources Inc. now owns 802 shares of the company’s stock worth $30,000 after buying an additional 625 shares during the period. Finally, Aspire Private Capital LLC boosted its holdings in shares of Real Estate Select Sector SPDR Fund by 119.5% during the 3rd quarter. Aspire Private Capital LLC now owns 1,071 shares of the company’s stock worth $36,000 after buying an additional 583 shares during the period.

About Real Estate Select Sector SPDR Fund

The Real Estate Select Sector SPDR Fund (XLRE) is an exchange-traded fund that is based on the S&P Real Estate Select Sector index, a market-cap-weighted index of REITs and real estate stocks, excluding mortgage REITs, from the S&P 500. XLRE was launched on Oct 7, 2015 and is managed by State Street.