Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $211.27 and traded as high as $217.14. Consumer Discretionary Select Sector SPDR Fund shares last traded at $212.43, with a volume of 3,399,497 shares.

Consumer Discretionary Select Sector SPDR Fund Trading Up 0.1 %

The stock has a market capitalization of $21.98 billion, a PE ratio of 27.09 and a beta of 1.22. The business has a fifty day moving average price of $226.47 and a 200-day moving average price of $211.27.

Institutional Investors Weigh In On Consumer Discretionary Select Sector SPDR Fund

Several institutional investors have recently bought and sold shares of XLY. Envestnet Asset Management Inc. raised its stake in shares of Consumer Discretionary Select Sector SPDR Fund by 2.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 2,670,634 shares of the exchange traded fund’s stock valued at $599,157,000 after acquiring an additional 74,392 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Consumer Discretionary Select Sector SPDR Fund by 14.4% in the 4th quarter. Ameriprise Financial Inc. now owns 2,357,083 shares of the exchange traded fund’s stock worth $528,789,000 after buying an additional 296,906 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Consumer Discretionary Select Sector SPDR Fund in the 4th quarter worth approximately $457,095,000. LPL Financial LLC increased its stake in shares of Consumer Discretionary Select Sector SPDR Fund by 47.4% during the fourth quarter. LPL Financial LLC now owns 1,795,698 shares of the exchange traded fund’s stock valued at $402,865,000 after buying an additional 577,692 shares during the period. Finally, CHURCHILL MANAGEMENT Corp raised its holdings in shares of Consumer Discretionary Select Sector SPDR Fund by 96.3% during the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 1,537,909 shares of the exchange traded fund’s stock valued at $345,030,000 after acquiring an additional 754,562 shares in the last quarter. 69.93% of the stock is currently owned by hedge funds and other institutional investors.

Consumer Discretionary Select Sector SPDR Fund Company 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.