Financial Select Sector SPDR Fund (NYSEARCA:XLF) Stock Price Crosses Above Two Hundred Day Moving Average of $27.34

Financial Select Sector SPDR Fund (NYSEARCA:XLF) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $27.34 and traded as high as $28.25. Financial Select Sector SPDR Fund shares last traded at $28.02, with a volume of 1,646,136 shares trading hands.

The firm has a 50 day simple moving average of $27.63 and a 200 day simple moving average of $27.34.

Institutional investors and hedge funds have recently modified their holdings of the business. Smith Salley & Associates lifted its holdings in shares of Financial Select Sector SPDR Fund by 1.0% during the 2nd quarter. Smith Salley & Associates now owns 37,558 shares of the exchange traded fund’s stock valued at $1,037,000 after buying an additional 358 shares during the period. Enterprise Financial Services Corp lifted its holdings in shares of Financial Select Sector SPDR Fund by 18.9% during the 2nd quarter. Enterprise Financial Services Corp now owns 2,377 shares of the exchange traded fund’s stock valued at $66,000 after buying an additional 377 shares during the period. Magnus Financial Group LLC lifted its holdings in shares of Financial Select Sector SPDR Fund by 0.5% during the 2nd quarter. Magnus Financial Group LLC now owns 81,756 shares of the exchange traded fund’s stock valued at $2,256,000 after buying an additional 393 shares during the period. First Heartland Consultants Inc. lifted its holdings in shares of Financial Select Sector SPDR Fund by 2.5% during the 2nd quarter. First Heartland Consultants Inc. now owns 16,454 shares of the exchange traded fund’s stock valued at $454,000 after buying an additional 395 shares during the period. Finally, Nelson Van Denburg & Campbell Wealth Management Group LLC lifted its holdings in shares of Financial Select Sector SPDR Fund by 54.1% during 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 buying an additional 406 shares during the period.

Financial Select Sector SPDR Fund Company Profile (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.

Featured Story: What is a put option?

Receive News & Ratings for Financial Select Sector SPDR Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Financial Select Sector SPDR Fund and related companies with MarketBeat.com's FREE daily email newsletter.