Shares of SPDR Select Sector Fund - Financial (NYSE:XLF) saw some unusual options activity on Thursday. Following the unusual option alert, the stock price moved down to $36.98.
Despite historically low-interest rates weighing on bank earnings, the Financial Select Sector SPDR Fund (NYSE: XLF) is up 27.5% in 2021, more than double the return of the SPDR S&P 500 ETF Trust (NYSE: SPY).