Energy Select Sector SPDR Fund Sees Unusually Large Options Volume (NYSEARCA:XLE)

Energy Select Sector SPDR Fund (NYSEARCA:XLE) was the target of some unusual options trading activity on Friday. Stock investors purchased 135,967 call options on the company. This represents an increase of approximately 32% compared to the typical volume of 102,785 call options.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of XLE. Menora Mivtachim Holdings LTD. boosted its position in Energy Select Sector SPDR Fund by 305.6% during the first quarter. Menora Mivtachim Holdings LTD. now owns 5,007,550 shares of the exchange traded fund’s stock valued at $467,956,000 after acquiring an additional 3,772,850 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Energy Select Sector SPDR Fund in the 4th quarter valued at about $287,435,000. Hsbc Holdings PLC lifted its stake in shares of Energy Select Sector SPDR Fund by 770.4% in the 1st quarter. Hsbc Holdings PLC now owns 3,418,739 shares of the exchange traded fund’s stock valued at $319,762,000 after purchasing an additional 3,025,982 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Energy Select Sector SPDR Fund by 32.7% during the 1st quarter. JPMorgan Chase & Co. now owns 10,506,201 shares of the exchange traded fund’s stock valued at $981,813,000 after purchasing an additional 2,588,452 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. grew its stake in Energy Select Sector SPDR Fund by 18,164.7% during the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,558,341 shares of the exchange traded fund’s stock worth $145,627,000 after purchasing an additional 1,549,809 shares during the period.

Energy Select Sector SPDR Fund Stock Performance

Shares of NYSEARCA:XLE opened at $88.10 on Friday. Energy Select Sector SPDR Fund has a 52 week low of $74.49 and a 52 week high of $97.92. The firm has a market cap of $28.36 billion, a PE ratio of 14.83 and a beta of 0.78. The firm’s fifty day moving average is $82.26 and its 200-day moving average is $86.95.

Energy Select Sector SPDR Fund Company Profile

Energy Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Energy Select Sector Index (the Index). The Index includes companies from the following industries oil, gas and consumable fuels, and energy equipment and services.