Financial Select Sector SPDR Fund (NYSEARCA:XLF – Get Free Report)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $51.62 and last traded at $51.37, with a volume of 14297350 shares traded. The stock had previously closed at $51.16.
Financial Select Sector SPDR Fund Stock Performance
The firm has a market capitalization of $47.79 billion, a P/E ratio of 18.32 and a beta of 0.83. The firm’s 50-day moving average is $47.52 and its 200 day moving average is $44.36.
Institutional Investors Weigh In On Financial Select Sector SPDR Fund
Hedge funds and other institutional investors have recently bought and sold shares of the company. CarsonAllaria Wealth Management Ltd. bought a new position in shares of Financial Select Sector SPDR Fund during the 3rd quarter worth approximately $26,000. Rakuten Securities Inc. grew its position in Financial Select Sector SPDR Fund by 212.4% in the third quarter. Rakuten Securities Inc. now owns 603 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 410 shares in the last quarter. Transcendent Capital Group LLC increased its stake in Financial Select Sector SPDR Fund by 4,000.0% in the 3rd quarter. Transcendent Capital Group LLC now owns 615 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 600 shares during the last quarter. Rational Advisors LLC bought a new stake in Financial Select Sector SPDR Fund during the 3rd quarter worth about $34,000. Finally, Asset Dedication LLC boosted its stake in shares of Financial Select Sector SPDR Fund by 470.8% during the 2nd quarter. Asset Dedication LLC now owns 879 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 725 shares during the last quarter.
About Financial Select Sector SPDR Fund
The Fund seeks to provide investors with a low-cost passive approach for investing in a portfolio of equity securities of firms as represented by the Financial Select Sector Index.
Further Reading
- Five stocks we like better than Financial Select Sector SPDR Fund
- Stock Dividend Cuts Happen Are You Ready?
- 3 Penny Stocks Ready to Break Out in 2025
- 3 Stocks to Consider Buying in October
- FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential
- Why is the Ex-Dividend Date Significant to Investors?
- Zeta Global Holdings Insiders Buy Stock After Short-Report
Receive News & Ratings for Financial Select Sector SPDR Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Financial Select Sector SPDR Fund and related companies with MarketBeat.com's FREE daily email newsletter.
