Investors Sell Shares of Industrial Select Sector SPDR Fund (XLI) on Strength (XLI)

Investors sold shares of Industrial Select Sector SPDR Fund (NYSEARCA:XLI) on strength during trading on Tuesday. $70.54 million flowed into the stock on the tick-up and $207.38 million flowed out of the stock on the tick-down, for a money net flow of $136.84 million out of the stock. Of all companies tracked, Industrial Select Sector SPDR Fund had the 5th highest net out-flow for the day. Industrial Select Sector SPDR Fund traded up $0.68 for the day and closed at $78.75

Several institutional investors have recently added to or reduced their stakes in the company. Chesapeake Wealth Management boosted its position in Industrial Select Sector SPDR Fund by 1.1% in the first quarter. Chesapeake Wealth Management now owns 13,834 shares of the exchange traded fund’s stock worth $1,038,000 after purchasing an additional 153 shares during the last quarter. First United Bank Trust increased its stake in Industrial Select Sector SPDR Fund by 2.1% in the 4th quarter. First United Bank Trust now owns 9,295 shares of the exchange traded fund’s stock worth $599,000 after acquiring an additional 190 shares during the last quarter. Dowling & Yahnke LLC increased its stake in Industrial Select Sector SPDR Fund by 5.9% in the 4th quarter. Dowling & Yahnke LLC now owns 3,486 shares of the exchange traded fund’s stock worth $253,000 after acquiring an additional 195 shares during the last quarter. Pacific Wealth Strategies Group Inc. increased its stake in Industrial Select Sector SPDR Fund by 5.5% in the 1st quarter. Pacific Wealth Strategies Group Inc. now owns 3,710 shares of the exchange traded fund’s stock worth $278,000 after acquiring an additional 195 shares during the last quarter. Finally, National Asset Management Inc. increased its stake in Industrial Select Sector SPDR Fund by 1.0% in the 4th quarter. National Asset Management Inc. now owns 20,902 shares of the exchange traded fund’s stock worth $1,347,000 after acquiring an additional 208 shares during the last quarter.

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About Industrial Select Sector SPDR Fund (NYSEARCA:XLI)

Industrial Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of publicly traded equity securities of companies in The Industrial Select Sector Index (the Index). The Index includes companies from the following industries, aerospace and defense; industrial conglomerates; machinery; road and rail; air freight & logistics; commercial services & supplies; professional services; electrical equipment; construction and engineering; trading companies and distributors; airlines, and building products.

Further Reading: Outstanding Shares

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