Investors Sell Shares of The Industrial Select Sector SPDR Fund (XLI) on Strength (XLI)

Traders sold shares of The Industrial Select Sector SPDR Fund (NYSE:XLI) on strength during trading hours on Thursday. $70.95 million flowed into the stock on the tick-up and $104.56 million flowed out of the stock on the tick-down, for a money net flow of $33.61 million out of the stock. Of all companies tracked, The Industrial Select Sector SPDR Fund had the 0th highest net out-flow for the day. The Industrial Select Sector SPDR Fund traded up $0.38 for the day and closed at $72.19

The stock’s 50 day moving average is $70.00 and its 200 day moving average is $67.98.

The firm also recently declared a quarterly dividend, which was paid on Monday, September 25th. Shareholders of record on Monday, September 18th were given a dividend of $0.3159 per share. The ex-dividend date was Friday, September 15th. This represents a $1.26 dividend on an annualized basis and a yield of 1.75%.

A number of hedge funds have recently modified their holdings of XLI. Timber Hill LLC boosted its position in The Industrial Select Sector SPDR Fund by 113.3% during the second quarter. Timber Hill LLC now owns 101,697 shares of the exchange traded fund’s stock worth $6,927,000 after purchasing an additional 863,527 shares in the last quarter. Nippon Life Insurance Co. boosted its position in The Industrial Select Sector SPDR Fund by 32.5% during the second quarter. Nippon Life Insurance Co. now owns 1,861,600 shares of the exchange traded fund’s stock worth $126,794,000 after purchasing an additional 457,000 shares in the last quarter. BlackRock Inc. boosted its position in The Industrial Select Sector SPDR Fund by 19.0% during the second quarter. BlackRock Inc. now owns 2,443,839 shares of the exchange traded fund’s stock worth $166,450,000 after purchasing an additional 389,772 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted its position in The Industrial Select Sector SPDR Fund by 99.5% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 609,263 shares of the exchange traded fund’s stock worth $41,496,000 after purchasing an additional 303,858 shares in the last quarter. Finally, BlueCrest Capital Management Ltd boosted its position in The Industrial Select Sector SPDR Fund by 491.0% during the second quarter. BlueCrest Capital Management Ltd now owns 318,732 shares of the exchange traded fund’s stock worth $21,709,000 after purchasing an additional 264,801 shares in the last quarter.

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About The Industrial Select Sector SPDR Fund

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.

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