Investors Buy Large Volume of Consumer Staples Select Sector SPDR Fund Call Options (NYSEARCA:XLP)

Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP) was the recipient of unusually large options trading on Thursday. Stock investors bought 37,763 call options on the stock. This is an increase of approximately 74% compared to the typical volume of 21,667 call options.

Institutional Investors Weigh In On Consumer Staples Select Sector SPDR Fund

A number of institutional investors have recently made changes to their positions in XLP. JPMorgan Chase & Co. lifted its stake in shares of Consumer Staples Select Sector SPDR Fund by 31.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,363,821 shares of the exchange traded fund’s stock valued at $528,197,000 after purchasing an additional 1,518,944 shares during the period. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in Consumer Staples Select Sector SPDR Fund by 46.9% in the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 4,700,000 shares of the exchange traded fund’s stock valued at $359,926,000 after buying an additional 1,500,000 shares during the period. Raymond James & Associates lifted its stake in Consumer Staples Select Sector SPDR Fund by 18.1% in the third quarter. Raymond James & Associates now owns 3,382,300 shares of the exchange traded fund’s stock valued at $280,731,000 after buying an additional 518,661 shares during the period. LPL Financial LLC boosted its holdings in shares of Consumer Staples Select Sector SPDR Fund by 12.7% during the 3rd quarter. LPL Financial LLC now owns 3,369,766 shares of the exchange traded fund’s stock worth $279,691,000 after buying an additional 380,681 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its position in shares of Consumer Staples Select Sector SPDR Fund by 9.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 2,873,566 shares of the exchange traded fund’s stock worth $225,891,000 after buying an additional 259,438 shares during the period.

Consumer Staples Select Sector SPDR Fund Trading Up 0.5 %

Shares of XLP stock opened at $77.90 on Friday. The business’s 50-day moving average price is $79.82 and its 200-day moving average price is $80.47. Consumer Staples Select Sector SPDR Fund has a 12 month low of $71.59 and a 12 month high of $84.53. The firm has a market capitalization of $14.67 billion, a price-to-earnings ratio of 25.58 and a beta of 0.45.

Consumer Staples Select Sector SPDR Fund Company Profile

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.