Consumer Discretionary Select Sector SPDR Fund Sees Unusually High Options Volume (NYSEARCA:XLY)

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLYGet Free Report) was the target of some unusual options trading on Tuesday. Stock investors purchased 13,126 put options on the stock. This is an increase of approximately 34% compared to the average volume of 9,804 put options.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Financial Management Professionals Inc. acquired a new position in shares of Consumer Discretionary Select Sector SPDR Fund in the 4th quarter valued at about $27,000. Authentikos Wealth Advisory LLC acquired a new stake in shares of Consumer Discretionary Select Sector SPDR Fund in the 3rd quarter worth about $28,000. Creekmur Asset Management LLC purchased a new position in shares of Consumer Discretionary Select Sector SPDR Fund during the fourth quarter valued at approximately $30,000. Gradient Investments LLC raised its holdings in shares of Consumer Discretionary Select Sector SPDR Fund by 216.7% in the fourth quarter. Gradient Investments LLC now owns 171 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 117 shares during the last quarter. Finally, Gold Investment Management Ltd. purchased a new stake in shares of Consumer Discretionary Select Sector SPDR Fund during the fourth quarter valued at approximately $31,000. 69.93% of the stock is currently owned by institutional investors.

Consumer Discretionary Select Sector SPDR Fund Stock Performance

Shares of XLY stock opened at $178.51 on Wednesday. Consumer Discretionary Select Sector SPDR Fund has a 52 week low of $147.83 and a 52 week high of $185.29. The company’s 50 day moving average price is $178.33 and its two-hundred day moving average price is $176.00.

About Consumer Discretionary Select Sector SPDR Fund

(Get Free Report)

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.

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