Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE) Stock Price Up 0.4% – Here’s What Happened

Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE)’s share price rose 0.4% during mid-day trading on Tuesday . The stock traded as high as $42.39 and last traded at $42.21. Approximately 5,622,223 shares changed hands during mid-day trading, a decline of 2% from the average daily volume of 5,722,736 shares. The stock had previously closed at $42.06.

Real Estate Select Sector SPDR Fund Stock Up 0.4 %

The firm has a fifty day moving average of $41.23 and a 200-day moving average of $42.79. The firm has a market cap of $6.31 billion, a P/E ratio of 27.73 and a beta of 0.97.

Hedge Funds Weigh In On Real Estate Select Sector SPDR Fund

Hedge funds have recently added to or reduced their stakes in the company. Allworth Financial LP boosted its holdings in Real Estate Select Sector SPDR Fund by 0.4% during the third quarter. Allworth Financial LP now owns 285,433 shares of the company’s stock worth $12,750,000 after buying an additional 1,020 shares during the last quarter. CENTRAL TRUST Co boosted its holdings in Real Estate Select Sector SPDR Fund by 93.7% during the third quarter. CENTRAL TRUST Co now owns 22,357 shares of the company’s stock worth $999,000 after buying an additional 10,816 shares during the last quarter. Cooksen Wealth LLC boosted its holdings in Real Estate Select Sector SPDR Fund by 2.2% during the third quarter. Cooksen Wealth LLC now owns 17,904 shares of the company’s stock worth $800,000 after buying an additional 388 shares during the last quarter. Private Advisor Group LLC boosted its holdings in Real Estate Select Sector SPDR Fund by 139.8% during the third quarter. Private Advisor Group LLC now owns 248,567 shares of the company’s stock worth $11,104,000 after buying an additional 144,912 shares during the last quarter. Finally, Global Trust Asset Management LLC boosted its holdings in Real Estate Select Sector SPDR Fund by 200.6% during the third quarter. Global Trust Asset Management LLC now owns 6,144 shares of the company’s stock worth $274,000 after buying an additional 4,100 shares during the last quarter.

Real Estate Select Sector SPDR Fund Company Profile

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.