Utilities Select Sector SPDR Fund (NYSEARCA:XLU) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

Posted by Andrew Walz on Apr 3rd, 2025

Utilities Select Sector SPDR Fund (NYSEARCA:XLU – Get Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $78.81 and traded as low as $78.29. Utilities Select Sector SPDR Fund shares last traded at $79.05, with a volume of 9,041,914 shares trading hands.

Utilities Select Sector SPDR Fund Trading Down 0.6 %

The stock has a market cap of $17.77 billion, a PE ratio of 20.47 and a beta of 0.55. The business has a 50-day moving average price of $78.51 and a 200 day moving average price of $78.82.

Utilities Select Sector SPDR Fund Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were paid a $0.555 dividend. The ex-dividend date of this dividend was Monday, March 24th.

Institutional Investors Weigh In On Utilities Select Sector SPDR Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Synergy Asset Management LLC purchased a new position in Utilities Select Sector SPDR Fund during the fourth quarter valued at approximately $26,000. Belmont Capital LLC grew its position in shares of Utilities Select Sector SPDR Fund by 85.2% during the 4th quarter. Belmont Capital LLC now owns 339 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 156 shares in the last quarter. Sherman Asset Management Inc. bought a new position in shares of Utilities Select Sector SPDR Fund in the fourth quarter worth $27,000. Kestra Investment Management LLC purchased a new stake in shares of Utilities Select Sector SPDR Fund in the fourth quarter worth $29,000. Finally, Asset Planning Inc bought a new stake in Utilities Select Sector SPDR Fund during the fourth quarter valued at $30,000.

About Utilities Select Sector SPDR Fund

(Get Free Report)

Select Sector Utilities Select Sector SPDR Fund (the Fund), formerly Utilities Select Sector SPDR Fund, seeks to provide investment results that correspond to the price and yield performance of the Utilities Select Sector of the S&P 500 Index (the Index). The Index includes companies from industries, such as electric utilities, multi-utilities, independent power producers and energy traders, and gas utilities.