Consumer Staples Select Sector SPDR Fund Sees Unusually Large Options Volume (NYSEARCA:XLP)

Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP) was the target of some unusual options trading on Thursday. Stock investors acquired 27,219 put options on the company. This is an increase of 51% compared to the average daily volume of 18,010 put options.

Institutional Investors Weigh In On Consumer Staples Select Sector SPDR Fund

A number of institutional investors have recently modified their holdings of XLP. Mesirow Financial Investment Management Inc. grew its stake in shares of Consumer Staples Select Sector SPDR Fund by 15.3% in the third quarter. Mesirow Financial Investment Management Inc. now owns 4,042 shares of the exchange traded fund’s stock valued at $335,000 after buying an additional 537 shares in the last quarter. Rakuten Securities Inc. boosted its holdings in Consumer Staples Select Sector SPDR Fund by 305.3% in the third quarter. Rakuten Securities Inc. now owns 381 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 287 shares during the period. Aptus Capital Advisors LLC boosted its holdings in Consumer Staples Select Sector SPDR Fund by 3.9% in the third quarter. Aptus Capital Advisors LLC now owns 3,641 shares of the exchange traded fund’s stock valued at $302,000 after purchasing an additional 138 shares during the period. Victory Capital Management Inc. boosted its holdings in Consumer Staples Select Sector SPDR Fund by 27.5% in the third quarter. Victory Capital Management Inc. now owns 729,786 shares of the exchange traded fund’s stock valued at $60,572,000 after purchasing an additional 157,315 shares during the period. Finally, Oppenheimer & Co. Inc. boosted its holdings in Consumer Staples Select Sector SPDR Fund by 31.4% in the third quarter. Oppenheimer & Co. Inc. now owns 17,507 shares of the exchange traded fund’s stock valued at $1,453,000 after purchasing an additional 4,184 shares during the period.

Consumer Staples Select Sector SPDR Fund Trading Down 0.5 %

Shares of NYSEARCA XLP opened at $79.33 on Friday. Consumer Staples Select Sector SPDR Fund has a twelve month low of $72.93 and a twelve month high of $84.53. The stock has a fifty day simple moving average of $79.71 and a 200-day simple moving average of $80.99. The stock has a market capitalization of $16.20 billion, a PE ratio of 23.95 and a beta of 0.61.

About Consumer Staples Select Sector SPDR Fund

Consumer Staples Select Sector SPDR Fund (the Fund) seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Consumer Staples Select Sector Index (the Index).The Fund typically invests in substantially all of the securities represented in the Index in approximately the same proportions as the Index.