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

Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP) was the target of unusually large options trading on Wednesday. Stock investors purchased 22,986 put options on the stock. This represents an increase of 33% compared to the typical volume of 17,244 put options.

Consumer Staples Select Sector SPDR Fund Trading Down 0.0 %

Shares of NYSEARCA XLP opened at $81.99 on Friday. The stock has a 50 day simple moving average of $79.15 and a 200-day simple moving average of $80.87. The company has a market cap of $16.74 billion, a PE ratio of 23.95 and a beta of 0.61. Consumer Staples Select Sector SPDR Fund has a 12-month low of $72.93 and a 12-month high of $84.53.

Institutional Investors Weigh In On Consumer Staples Select Sector SPDR Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new position in shares of Consumer Staples Select Sector SPDR Fund in the fourth quarter valued at $357,593,000. Caisse DE Depot ET Placement DU Quebec bought a new position in shares of Consumer Staples Select Sector SPDR Fund in the fourth quarter valued at $309,532,000. State Street Corp increased its holdings in shares of Consumer Staples Select Sector SPDR Fund by 826.7% in the third quarter. State Street Corp now owns 2,462,344 shares of the exchange traded fund’s stock valued at $204,375,000 after buying an additional 2,196,639 shares in the last quarter. Menora Mivtachim Holdings LTD. increased its holdings in shares of Consumer Staples Select Sector SPDR Fund by 68.9% in the fourth quarter. Menora Mivtachim Holdings LTD. now owns 4,648,202 shares of the exchange traded fund’s stock valued at $365,395,000 after buying an additional 1,896,073 shares in the last quarter. Finally, Maven Securities LTD increased its holdings in shares of Consumer Staples Select Sector SPDR Fund by 104.1% in the third quarter. Maven Securities LTD now owns 64,965 shares of the exchange traded fund’s stock valued at $5,392,000 after buying an additional 1,631,901 shares in the last quarter.

About Consumer Staples Select Sector SPDR Fund

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.