Traders Sell Industrial Select Sector SPDR Fund (XLI) on Strength (XLI)

Investors sold shares of Industrial Select Sector SPDR Fund (NYSEARCA:XLI) on strength during trading hours on Monday. $108.51 million flowed into the stock on the tick-up and $167.78 million flowed out of the stock on the tick-down, for a money net flow of $59.27 million out of the stock. Of all stocks tracked, Industrial Select Sector SPDR Fund had the 10th highest net out-flow for the day. Industrial Select Sector SPDR Fund traded up $0.62 for the day and closed at $74.21

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Orleans Capital Management Corp LA grew its stake in Industrial Select Sector SPDR Fund by 1.0% in the 2nd quarter. Orleans Capital Management Corp LA now owns 5,275 shares of the exchange traded fund’s stock valued at $359,000 after buying an additional 50 shares during the last quarter. Cetera Investment Advisers boosted its holdings in Industrial Select Sector SPDR Fund by 1.3% in the 2nd quarter. Cetera Investment Advisers now owns 6,318 shares of the exchange traded fund’s stock valued at $431,000 after purchasing an additional 79 shares during the period. Goelzer Investment Management Inc. boosted its holdings in Industrial Select Sector SPDR Fund by 1.9% in the 2nd quarter. Goelzer Investment Management Inc. now owns 4,723 shares of the exchange traded fund’s stock valued at $322,000 after purchasing an additional 90 shares during the period. Flagship Harbor Advisors LLC boosted its holdings in Industrial Select Sector SPDR Fund by 3.0% in the 2nd quarter. Flagship Harbor Advisors LLC now owns 3,329 shares of the exchange traded fund’s stock valued at $229,000 after purchasing an additional 96 shares during the period. Finally, Peapack Gladstone Financial Corp boosted its holdings in Industrial Select Sector SPDR Fund by 1.7% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 6,982 shares of the exchange traded fund’s stock valued at $476,000 after purchasing an additional 120 shares during the period.

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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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