Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE) Reaches New 12-Month High at $42.35

Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $42.35 and last traded at $42.32, with a volume of 2810515 shares changing hands. The stock had previously closed at $42.15.

Real Estate Select Sector SPDR Fund Price Performance

The stock has a fifty day moving average price of $40.10 and a 200-day moving average price of $38.79. The company has a market cap of $6.49 billion, a PE ratio of 27.73 and a beta of 0.97.

Institutional Trading of Real Estate Select Sector SPDR Fund

A number of hedge funds have recently modified their holdings of XLRE. Cerity Partners LLC bought a new position in Real Estate Select Sector SPDR Fund during the fourth quarter valued at about $309,000. American Financial Advisors LLC boosted its holdings in Real Estate Select Sector SPDR Fund by 0.4% during the first quarter. American Financial Advisors LLC now owns 296,254 shares of the company’s stock valued at $11,711,000 after purchasing an additional 1,304 shares in the last quarter. Citizens Financial Group Inc. RI boosted its holdings in Real Estate Select Sector SPDR Fund by 381.5% during the fourth quarter. Citizens Financial Group Inc. RI now owns 126,362 shares of the company’s stock valued at $5,062,000 after purchasing an additional 100,121 shares in the last quarter. Kessler Investment Group LLC boosted its holdings in Real Estate Select Sector SPDR Fund by 174.1% during the first quarter. Kessler Investment Group LLC now owns 20,626 shares of the company’s stock valued at $815,000 after purchasing an additional 13,102 shares in the last quarter. Finally, Golden State Equity Partners boosted its holdings in Real Estate Select Sector SPDR Fund by 7.0% during the fourth quarter. Golden State Equity Partners now owns 13,583 shares of the company’s stock valued at $544,000 after purchasing an additional 884 shares in the last quarter.

About Real Estate Select Sector SPDR Fund

The Real Estate Select Sector SPDR Fund (XLRE) is an exchange-traded fund that is based on the S&P Real Estate Select Sector index, a market-cap-weighted index of REITs and real estate stocks, excluding mortgage REITs, from the S&P 500. XLRE was launched on Oct 7, 2015 and is managed by State Street.