Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Shares Cross Above Two Hundred Day Moving Average – What’s Next?

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $115.72 and traded as high as $115.74. Consumer Discretionary Select Sector SPDR Fund shares last traded at $114.91, with a volume of 5,119,960 shares traded.

Consumer Discretionary Select Sector SPDR Fund Stock Down 1.3%

The firm has a fifty day moving average of $116.30 and a 200-day moving average of $115.72. The stock has a market capitalization of $22.27 billion, a price-to-earnings ratio of 27.10 and a beta of 1.21.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. WealthShield Partners LLC increased its holdings in Consumer Discretionary Select Sector SPDR Fund by 98.1% during the 4th quarter. WealthShield Partners LLC now owns 212 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 105 shares in the last quarter. Costello Asset Management INC raised its position in Consumer Discretionary Select Sector SPDR Fund by 99.1% during the fourth quarter. Costello Asset Management INC now owns 227 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 113 shares during the last quarter. Caitlin John LLC lifted its holdings in shares of Consumer Discretionary Select Sector SPDR Fund by 103.5% in the fourth quarter. Caitlin John LLC now owns 232 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 118 shares in the last quarter. XP Advisory US Inc. purchased a new stake in shares of Consumer Discretionary Select Sector SPDR Fund in the second quarter valued at about $33,000. Finally, Providence Capital Advisors LLC grew its position in shares of Consumer Discretionary Select Sector SPDR Fund by 207.7% in the fourth quarter. Providence Capital Advisors LLC now owns 280 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 189 shares during the last quarter. Institutional investors and hedge funds own 69.93% of the company’s stock.

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.