Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Share Price Breaks Above Two Hundred Day Moving Average – Here’s What Happened

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY – Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $115.65 and traded as high as $116.77. Consumer Discretionary Select Sector SPDR Fund shares last traded at $116.20, with a volume of 6,413,648 shares traded.

Consumer Discretionary Select Sector SPDR Fund Price Performance

The stock has a 50 day moving average price of $113.24 and a two-hundred day moving average price of $115.60. The firm has a market capitalization of $22.28 billion, a price-to-earnings ratio of 27.10 and a beta of 1.24.

Institutional Trading of Consumer Discretionary Select Sector SPDR Fund

A number of institutional investors and hedge funds have recently bought and sold shares of XLY. Bfsg LLC raised its stake in shares of Consumer Discretionary Select Sector SPDR Fund by 2.4% in the 3rd quarter. Bfsg LLC now owns 15,991 shares of the exchange traded fund’s stock valued at $1,740,000 after acquiring an additional 374 shares during the period. Chicago Partners Investment Group LLC increased its stake in Consumer Discretionary Select Sector SPDR Fund by 23.2% during the third quarter. Chicago Partners Investment Group LLC now owns 3,202 shares of the exchange traded fund’s stock valued at $362,000 after purchasing an additional 602 shares during the last quarter. Compass Wealth Management LLC GA lifted its stake in Consumer Discretionary Select Sector SPDR Fund by 5.5% in the third quarter. Compass Wealth Management LLC GA now owns 53,182 shares of the exchange traded fund’s stock valued at $5,788,000 after buying an additional 2,754 shares during the last quarter. Provenance Wealth Advisors LLC boosted its stake in Consumer Discretionary Select Sector SPDR Fund by 347.0% during the 3rd quarter. Provenance Wealth Advisors LLC now owns 1,475 shares of the exchange traded fund’s stock valued at $161,000 after purchasing an additional 1,145 shares during the period. Finally, Associated Banc Corp bought a new stake in shares of Consumer Discretionary Select Sector SPDR Fund during the third quarter valued at approximately $2,945,000. 69.93% of the stock is currently owned by hedge funds and other institutional investors.

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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