Financial Select Sector SPDR Fund (NYSEARCA:XLF) Shares Pass Above 200 Day Moving Average of $27.26

Financial Select Sector SPDR Fund (NYSEARCA:XLF) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $27.26 and traded as high as $27.06. Financial Select Sector SPDR Fund shares last traded at $27.04, with a volume of 560,089 shares changing hands.

The company has a fifty day moving average price of $27.43 and a two-hundred day moving average price of $27.26.

Several institutional investors have recently bought and sold shares of XLF. Nelson Van Denburg & Campbell Wealth Management Group LLC raised its position in Financial Select Sector SPDR Fund by 54.1% in the 2nd quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 1,156 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 406 shares during the last quarter. Financial Gravity Wealth Inc. raised its position in Financial Select Sector SPDR Fund by 614.2% in the 2nd quarter. Financial Gravity Wealth Inc. now owns 1,207 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 1,038 shares during the last quarter. Community Bank N.A. raised its position in Financial Select Sector SPDR Fund by 133.3% in the 2nd quarter. Community Bank N.A. now owns 1,400 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 800 shares during the last quarter. Ellevest Inc. bought a new position in Financial Select Sector SPDR Fund in the 2nd quarter valued at $40,000. Finally, Phocas Financial Corp. bought a new position in Financial Select Sector SPDR Fund in the 2nd quarter valued at $44,000.

About Financial Select Sector SPDR Fund (NYSEARCA:XLF)

The Fund seeks to provide investors with a low-cost passive approach for investing in a portfolio of equity securities of firms as represented by the Financial Select Sector Index.

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