Industrial Select Sector SPDR Fund (NYSEARCA:XLI) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Industrial Select Sector SPDR Fund (NYSEARCA:XLI)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $135.46 and traded as low as $134.83. Industrial Select Sector SPDR Fund shares last traded at $135.00, with a volume of 8,330,404 shares traded.

Industrial Select Sector SPDR Fund Stock Performance

The company has a market capitalization of $19.46 billion, a price-to-earnings ratio of 25.68 and a beta of 1.10. The company has a 50-day moving average price of $135.92 and a 200-day moving average price of $135.46.

Hedge Funds Weigh In On Industrial Select Sector SPDR Fund

Institutional investors and hedge funds have recently modified their holdings of the business. Highline Wealth Partners LLC acquired a new position in shares of Industrial Select Sector SPDR Fund in the 3rd quarter valued at approximately $25,000. Transce3nd LLC acquired a new position in shares of Industrial Select Sector SPDR Fund in the 4th quarter valued at approximately $25,000. FSA Wealth Management LLC acquired a new position in shares of Industrial Select Sector SPDR Fund in the 3rd quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Industrial Select Sector SPDR Fund in the 4th quarter valued at approximately $26,000. Finally, Synergy Investment Management LLC acquired a new position in shares of Industrial Select Sector SPDR Fund in the 4th quarter valued at approximately $27,000.

Industrial Select Sector SPDR Fund Company Profile

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.