Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP) Shares Cross Below Two Hundred Day Moving Average – Should You Sell?

Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLPGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $80.33 and traded as low as $79.36. Consumer Staples Select Sector SPDR Fund shares last traded at $79.51, with a volume of 10,351,215 shares changing hands.

Consumer Staples Select Sector SPDR Fund Price Performance

The company has a 50-day moving average price of $80.44 and a 200 day moving average price of $80.33. The firm has a market capitalization of $15.63 billion, a PE ratio of 23.00 and a beta of 0.59.

Hedge Funds Weigh In On Consumer Staples Select Sector SPDR Fund

Large investors have recently made changes to their positions in the business. WealthShield Partners LLC purchased a new position in shares of Consumer Staples Select Sector SPDR Fund in the first quarter valued at about $26,000. Flagship Wealth Advisors LLC purchased a new position in shares of Consumer Staples Select Sector SPDR Fund in the fourth quarter valued at about $31,000. Synergy Asset Management LLC purchased a new position in shares of Consumer Staples Select Sector SPDR Fund in the fourth quarter valued at about $33,000. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of Consumer Staples Select Sector SPDR Fund in the first quarter valued at about $33,000. Finally, Millstone Evans Group LLC lifted its position in shares of Consumer Staples Select Sector SPDR Fund by 557.4% in the first quarter. Millstone Evans Group LLC now owns 447 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 379 shares in the last quarter.

About Consumer Staples Select Sector SPDR Fund

(Get Free Report)

Consumer Staples Select Sector SPDR Fund (the Fund) seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Consumer Staples Select Sector Index (the Index).The Fund typically invests in substantially all of the securities represented in the Index in approximately the same proportions as the Index.

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