Communication Services Select Sector SPDR Fund Target of Unusually High Options Trading (XLC)

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Communication Services Select Sector SPDR Fund (NYSEARCA:XLC) saw some unusual options trading activity on Thursday. Stock traders purchased 10,264 call options on the stock. This is an increase of 2,151% compared to the typical volume of 456 call options.

Institutional investors have recently added to or reduced their stakes in the business. Trustees of Dartmouth College purchased a new stake in Communication Services Select Sector SPDR Fund in the 4th quarter valued at about $35,000. Bronfman E.L. Rothschild L.P. purchased a new stake in Communication Services Select Sector SPDR Fund in the 4th quarter valued at about $36,000. BDO Wealth Advisors LLC purchased a new stake in Communication Services Select Sector SPDR Fund in the 4th quarter valued at about $38,000. Cordasco Financial Network purchased a new stake in shares of Communication Services Select Sector SPDR Fund in the 4th quarter worth approximately $38,000. Finally, Valeo Financial Advisors LLC purchased a new stake in shares of Communication Services Select Sector SPDR Fund in the 4th quarter worth approximately $39,000.

Communication Services Select Sector SPDR Fund stock opened at $47.14 on Friday. Communication Services Select Sector SPDR Fund has a 1 year low of $38.97 and a 1 year high of $52.11.

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