Industrial Select Sector SPDR Fund (NYSEARCA:XLI) Hits New 12-Month Low – Time to Sell?

Industrial Select Sector SPDR Fund (NYSEARCA:XLI)’s stock price hit a new 52-week low on Friday . The company traded as low as $118.28 and last traded at $120.96, with a volume of 6959106 shares. The stock had previously closed at $125.85.

Industrial Select Sector SPDR Fund Stock Performance

The company has a market cap of $17.00 billion, a P/E ratio of 23.91 and a beta of 1.03. The firm has a 50 day moving average price of $134.40 and a 200-day moving average price of $136.10.

Industrial Select Sector SPDR Fund Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were issued a dividend of $0.4047 per share. The ex-dividend date of this dividend was Monday, March 24th.

Institutional Trading of Industrial Select Sector SPDR Fund

Large investors have recently modified their holdings of the company. Transce3nd LLC acquired a new position in Industrial Select Sector SPDR Fund during the 4th quarter worth $25,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Industrial Select Sector SPDR Fund in the fourth quarter worth about $26,000. Synergy Investment Management LLC acquired a new position in shares of Industrial Select Sector SPDR Fund during the 4th quarter worth about $27,000. Heartland Advisors Inc. bought a new stake in Industrial Select Sector SPDR Fund during the 4th quarter valued at approximately $29,000. Finally, Murphy & Mullick Capital Management Corp acquired a new stake in Industrial Select Sector SPDR Fund in the 4th quarter valued at approximately $33,000.

Industrial Select Sector SPDR Fund Company Profile

Industrial Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of publicly traded equity securities of companies in The Industrial Select Sector Index (the Index). The Index includes companies from the following industries, aerospace and defense; industrial conglomerates; machinery; road and rail; air freight & logistics; commercial services & supplies; professional services; electrical equipment; construction and engineering; trading companies and distributors; airlines, and building products.