Swan Global Investments LLC Acquires 252,615 Shares of Consumer Discretionary SPDR (XLY)

Swan Global Investments LLC grew its stake in shares of Consumer Discretionary SPDR (NYSEARCA:XLY) by 6.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,190,097 shares of the exchange traded fund’s stock after acquiring an additional 252,615 shares during the period. Consumer Discretionary SPDR comprises approximately 8.7% of Swan Global Investments LLC’s investment portfolio, making the stock its 8th biggest holding. Swan Global Investments LLC owned approximately 3.32% of Consumer Discretionary SPDR worth $376,019,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of XLY. Puplava Financial Services Inc. raised its stake in shares of Consumer Discretionary SPDR by 5.8% during the second quarter. Puplava Financial Services Inc. now owns 2,454 shares of the exchange traded fund’s stock valued at $220,000 after acquiring an additional 135 shares in the last quarter. Carroll Financial Associates Inc. raised its stake in Consumer Discretionary SPDR by 61.0% in the second quarter. Carroll Financial Associates Inc. now owns 1,702 shares of the exchange traded fund’s stock worth $152,000 after buying an additional 645 shares in the last quarter. Smith Salley & Associates raised its stake in Consumer Discretionary SPDR by 0.9% in the second quarter. Smith Salley & Associates now owns 14,835 shares of the exchange traded fund’s stock worth $1,330,000 after buying an additional 133 shares in the last quarter. Montecito Bank & Trust raised its stake in Consumer Discretionary SPDR by 64.0% in the second quarter. Montecito Bank & Trust now owns 15,552 shares of the exchange traded fund’s stock worth $1,394,000 after buying an additional 6,069 shares in the last quarter. Finally, First Heartland Consultants Inc. increased its position in shares of Consumer Discretionary SPDR by 2.4% during the second quarter. First Heartland Consultants Inc. now owns 19,622 shares of the exchange traded fund’s stock worth $1,759,000 after purchasing an additional 451 shares in the last quarter.

Shares of Consumer Discretionary SPDR (XLY) traded up $0.77 during mid-day trading on Friday, hitting $93.13. The stock had a trading volume of 4,093,300 shares, compared to its average volume of 4,178,026. Consumer Discretionary SPDR has a 1-year low of $80.39 and a 1-year high of $93.21.

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Separately, Morgan Stanley downgraded Consumer Discretionary SPDR to an “underweight” rating in a research report on Monday, September 25th.

Consumer Discretionary SPDR Profile

Consumer Discretionary Select Sector SPDR Fund seeks to provide investment results that correspond generally to the price and yield performance of the Consumer Discretionary Select Sector Index (the Index). The Index includes companies from the following industries, media; retail (specialty, multiline, Internet and catalog); hotels, restaurants and leisure; textiles, apparel and luxury goods; household durables; automobiles; auto components; distributors; leisure equipment and products; and diversified consumer services.

Institutional Ownership by Quarter for Consumer Discretionary SPDR (NYSEARCA:XLY)

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