Industrial Select Sector SPDR Fund (NYSEARCA:XLI) Hits New 12-Month High at $132.03

Industrial Select Sector SPDR Fund (NYSEARCA:XLI) reached a new 52-week high on Monday . The company traded as high as $132.03 and last traded at $131.59, with a volume of 1077320 shares. The stock had previously closed at $130.57.

Industrial Select Sector SPDR Fund Stock Performance

The stock has a market capitalization of $19.21 billion, a price-to-earnings ratio of 26.03 and a beta of 0.90. The business has a 50-day moving average of $126.25 and a 200-day moving average of $124.22.

Hedge Funds Weigh In On Industrial Select Sector SPDR Fund

A number of hedge funds have recently made changes to their positions in the stock. North Star Investment Management Corp. acquired a new stake in Industrial Select Sector SPDR Fund in the first quarter valued at approximately $25,000. Rothschild Investment LLC purchased a new stake in shares of Industrial Select Sector SPDR Fund during the 2nd quarter worth $30,000. Pathway Financial Advisers LLC acquired a new position in shares of Industrial Select Sector SPDR Fund during the first quarter worth $33,000. Independence Bank of Kentucky increased its holdings in Industrial Select Sector SPDR Fund by 338.1% in the first quarter. Independence Bank of Kentucky now owns 276 shares of the exchange traded fund’s stock valued at $35,000 after buying an additional 213 shares during the last quarter. Finally, Cedar Wealth Management LLC raised its stake in Industrial Select Sector SPDR Fund by 50.0% in the first quarter. Cedar Wealth Management LLC now owns 300 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 100 shares in the last quarter.

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.