Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE) Hits New 12-Month High at $44.23

Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $44.23 and last traded at $44.22, with a volume of 2465705 shares. The stock had previously closed at $43.63.

Real Estate Select Sector SPDR Fund Trading Down 0.3 %

The company has a 50-day moving average price of $41.50 and a two-hundred day moving average price of $39.29. The stock has a market cap of $6.70 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. WBH Advisory Inc. grew its stake in shares of Real Estate Select Sector SPDR Fund by 0.5% during the second quarter. WBH Advisory Inc. now owns 57,149 shares of the company’s stock valued at $2,195,000 after buying an additional 266 shares during the last quarter. Beech Hill Advisors Inc. grew its position in Real Estate Select Sector SPDR Fund by 5.1% in the 2nd quarter. Beech Hill Advisors Inc. now owns 5,558 shares of the company’s stock valued at $213,000 after acquiring an additional 270 shares during the last quarter. Larson Financial Group LLC increased its stake in Real Estate Select Sector SPDR Fund by 6.6% in the first quarter. Larson Financial Group LLC now owns 4,398 shares of the company’s stock worth $174,000 after purchasing an additional 274 shares during the period. Forefront Analytics LLC lifted its position in shares of Real Estate Select Sector SPDR Fund by 1.1% during the fourth quarter. Forefront Analytics LLC now owns 28,059 shares of the company’s stock worth $1,124,000 after purchasing an additional 293 shares during the last quarter. Finally, Hardy Reed LLC boosted its stake in shares of Real Estate Select Sector SPDR Fund by 3.1% during the first quarter. Hardy Reed LLC now owns 10,009 shares of the company’s stock valued at $396,000 after purchasing an additional 304 shares during the period.

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.