Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE – Get Free Report) was the recipient of unusually large options trading activity on Thursday. Investors purchased 3,408 put options on the company. This is an increase of 100% compared to the average volume of 1,704 put options.
Real Estate Select Sector SPDR Fund Stock Up 0.6 %
XLRE opened at $39.53 on Friday. The company has a market cap 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 52-week low of $31.99 and a 52-week high of $40.75. The firm’s fifty day simple moving average is $38.76 and its two-hundred day simple moving average is $37.22.
Hedge Funds Weigh In On Real Estate Select Sector SPDR Fund
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. lifted its holdings in Real Estate Select Sector SPDR Fund by 27.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 294,526 shares of the company’s stock valued at $11,799,000 after purchasing an additional 62,769 shares in the last quarter. Cooksen Wealth LLC purchased a new position in shares of Real Estate Select Sector SPDR Fund in the fourth quarter worth about $574,000. ICA Group Wealth Management LLC purchased a new position in shares of Real Estate Select Sector SPDR Fund in the fourth quarter worth about $37,000. Centaurus Financial Inc. lifted its stake in shares of Real Estate Select Sector SPDR Fund by 44.4% in the fourth quarter. Centaurus Financial Inc. now owns 57,322 shares of the company’s stock worth $2,296,000 after buying an additional 17,618 shares in the last quarter. Finally, Integrated Advisors Network LLC lifted its stake in shares of Real Estate Select Sector SPDR Fund by 31.6% in the fourth quarter. Integrated Advisors Network LLC now owns 13,343 shares of the company’s stock worth $535,000 after buying an additional 3,204 shares in the last quarter.
Real Estate Select Sector SPDR Fund Company Profile
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.
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