Financial Select Sector SPDR Fund (NYSEARCA:XLF) Hits New 1-Year High – What’s Next?

Posted by Eileen French on Mar 2nd, 2025

Shares of Financial Select Sector SPDR Fund (NYSEARCA:XLF – Get Free Report) reached a new 52-week high during trading on Friday . The company traded as high as $52.26 and last traded at $52.19, with a volume of 58717732 shares trading hands. The stock had previously closed at $51.13.

Financial Select Sector SPDR Fund Stock Up 2.1 %

The firm has a market cap of $54.79 billion, a price-to-earnings ratio of 16.82 and a beta of 1.08. The stock has a 50 day moving average of $50.26 and a 200 day moving average of $48.17.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Quadcap Wealth Management LLC raised its stake in Financial Select Sector SPDR Fund by 1.3% in the fourth quarter. Quadcap Wealth Management LLC now owns 15,751 shares of the exchange traded fund’s stock valued at $761,000 after purchasing an additional 199 shares in the last quarter. Monetary Management Group Inc. raised its stake in Financial Select Sector SPDR Fund by 0.5% during the fourth quarter. Monetary Management Group Inc. now owns 36,750 shares of the exchange traded fund’s stock worth $1,776,000 after acquiring an additional 200 shares in the last quarter. Allegheny Financial Group raised its stake in Financial Select Sector SPDR Fund by 4.2% during the fourth quarter. Allegheny Financial Group now owns 5,018 shares of the exchange traded fund’s stock worth $243,000 after acquiring an additional 200 shares in the last quarter. MGB Wealth Management LLC raised its stake in Financial Select Sector SPDR Fund by 2.1% during the fourth quarter. MGB Wealth Management LLC now owns 9,980 shares of the exchange traded fund’s stock worth $482,000 after acquiring an additional 203 shares in the last quarter. Finally, Maiden Cove Capital LLC raised its stake in Financial Select Sector SPDR Fund by 1.0% during the fourth quarter. Maiden Cove Capital LLC now owns 20,423 shares of the exchange traded fund’s stock worth $987,000 after acquiring an additional 206 shares in the last quarter.

Financial Select Sector SPDR Fund Company Profile

(Get Free Report)

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.