Industrial Select Sector SPDR Fund (NYSEARCA:XLI) Sets New 1-Year High at $132.03

Industrial Select Sector SPDR Fund (NYSEARCA:XLI) reached a new 52-week high on Monday . The stock traded as high as $132.03 and last traded at $131.59, with a volume of 1077320 shares traded. The stock had previously closed at $130.57.

Industrial Select Sector SPDR Fund Trading Up 0.5 %

The business has a 50 day simple moving average of $126.67 and a 200-day simple moving average of $124.36. The stock has a market capitalization of $19.38 billion, a price-to-earnings ratio of 26.03 and a beta of 0.90.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. North Star Investment Management Corp. purchased a new position in shares of Industrial Select Sector SPDR Fund in the 1st quarter worth about $25,000. Rothschild Investment LLC acquired a new position in Industrial Select Sector SPDR Fund during the second quarter valued at approximately $30,000. Pathway Financial Advisers LLC acquired a new position in Industrial Select Sector SPDR Fund during the first quarter valued at approximately $33,000. Independence Bank of Kentucky grew its stake in Industrial Select Sector SPDR Fund by 338.1% during the first quarter. Independence Bank of Kentucky now owns 276 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 213 shares during the period. Finally, Cedar Wealth Management LLC increased its position in shares of Industrial Select Sector SPDR Fund by 50.0% in the first quarter. Cedar Wealth Management LLC now owns 300 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 100 shares in the last quarter.

About Industrial Select Sector SPDR Fund

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.