Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE) Sets New 52-Week High at $45.40

Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE) hit a new 52-week high during trading on Monday . The company traded as high as $45.40 and last traded at $45.40, with a volume of 1627 shares trading hands. The stock had previously closed at $45.21.

Real Estate Select Sector SPDR Fund Stock Performance

The firm has a 50 day moving average price of $41.90 and a two-hundred day moving average price of $39.43. The company has a market cap of $6.77 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

Several large investors have recently modified their holdings of XLRE. Carmichael Hill & Associates Inc. lifted its holdings in Real Estate Select Sector SPDR Fund by 300.0% during the 2nd quarter. Carmichael Hill & Associates Inc. now owns 704 shares of the company’s stock worth $27,000 after purchasing an additional 528 shares in the last quarter. New Covenant Trust Company N.A. purchased a new stake in shares of Real Estate Select Sector SPDR Fund in the first quarter worth about $33,000. YHB Investment Advisors Inc. bought a new position in shares of Real Estate Select Sector SPDR Fund in the first quarter valued at approximately $36,000. ICA Group Wealth Management LLC purchased a new position in Real Estate Select Sector SPDR Fund during the fourth quarter valued at approximately $37,000. Finally, Mather Group LLC. bought a new stake in Real Estate Select Sector SPDR Fund during the 1st quarter worth approximately $46,000.

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.