Traders bought shares of Energy Select Sector SPDR (NYSE:XLE) on weakness during trading on Monday. $84.47 million flowed into the stock on the tick-up and $60.95 million flowed out of the stock on the tick-down, for a money net flow of $23.52 million into the stock. Of all equities tracked, Energy Select Sector SPDR had the 19th highest net in-flow for the day. Energy Select Sector SPDR traded down ($0.12) for the day and closed at $64.99
The company has a 50-day moving average of $65.19 and a 200 day moving average of $69.29.
The company also recently declared a quarterly dividend, which was paid on Monday, June 26th. Shareholders of record on Tuesday, June 20th were issued a $0.4492 dividend. This is a boost from Energy Select Sector SPDR’s previous quarterly dividend of $0.42. The ex-dividend date was Friday, June 16th. This represents a $1.80 annualized dividend and a yield of 2.76%.
WARNING: “Traders Buy Shares of Energy Select Sector SPDR (NYSE:XLE) on Weakness” was posted by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this article on another site, it was stolen and republished in violation of US & international copyright legislation. The correct version of this article can be viewed at https://stocknewstimes.com/2017/07/24/traders-buy-shares-of-energy-select-sector-spdr-nysexle-on-weakness.html.
About Energy Select Sector SPDR
Energy Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Energy Select Sector Index (the Index). The Index includes companies from the following industries oil, gas and consumable fuels, and energy equipment and services.
Receive News & Ratings for Energy Select Sector SPDR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energy Select Sector SPDR and related companies with MarketBeat.com's FREE daily email newsletter.
