Traders Buy Industrial Select Sector SPDR Fund (XLI) on Weakness

Investors purchased shares of Industrial Select Sector SPDR Fund (NYSEARCA:XLI) on weakness during trading hours on Wednesday. $216.42 million flowed into the stock on the tick-up and $78.46 million flowed out of the stock on the tick-down, for a money net flow of $137.96 million into the stock. Of all companies tracked, Industrial Select Sector SPDR Fund had the 2nd highest net in-flow for the day. Industrial Select Sector SPDR Fund traded down ($0.07) for the day and closed at $75.46

Institutional investors have recently made changes to their positions in the stock. Natixis boosted its position in Industrial Select Sector SPDR Fund by 119.0% during the 1st quarter. Natixis now owns 2,600,000 shares of the exchange traded fund’s stock worth $193,154,000 after buying an additional 1,412,861 shares during the period. Two Sigma Advisers LP boosted its position in Industrial Select Sector SPDR Fund by 44.0% during the 4th quarter. Two Sigma Advisers LP now owns 2,404,900 shares of the exchange traded fund’s stock worth $181,979,000 after buying an additional 734,300 shares during the period. LPL Financial LLC boosted its position in Industrial Select Sector SPDR Fund by 10.2% during the 1st quarter. LPL Financial LLC now owns 2,196,275 shares of the exchange traded fund’s stock worth $163,161,000 after buying an additional 203,547 shares during the period. Pinnacle Advisory Group Inc. boosted its position in Industrial Select Sector SPDR Fund by 20.3% during the 4th quarter. Pinnacle Advisory Group Inc. now owns 1,545,201 shares of the exchange traded fund’s stock worth $116,925,000 after buying an additional 261,047 shares during the period. Finally, UBS Asset Management Americas Inc. boosted its position in Industrial Select Sector SPDR Fund by 4.1% during the 4th quarter. UBS Asset Management Americas Inc. now owns 1,251,265 shares of the exchange traded fund’s stock worth $94,683,000 after buying an additional 48,982 shares during the period.

About 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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