Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Stock Price Passes Above 200 Day Moving Average – Here’s Why

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $117.35 and traded as high as $119.77. Consumer Discretionary Select Sector SPDR Fund shares last traded at $118.63, with a volume of 13,067,142 shares traded.

Consumer Discretionary Select Sector SPDR Fund Trading Up 0.2%

The firm has a market capitalization of $22.93 billion, a P/E ratio of 27.10 and a beta of 1.22. The firm has a 50-day moving average of $113.72 and a two-hundred day moving average of $117.35.

Institutional Trading of Consumer Discretionary Select Sector SPDR Fund

Institutional investors and hedge funds have recently modified their holdings of the business. Steph & Co. lifted its position in shares of Consumer Discretionary Select Sector SPDR Fund by 100.0% during the 4th quarter. Steph & Co. now owns 208 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 104 shares during the last quarter. WealthShield Partners LLC lifted its position in shares of 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 worth $25,000 after buying an additional 105 shares during the last quarter. Wolff Wiese Magana LLC lifted its position in shares of Consumer Discretionary Select Sector SPDR Fund by 170.0% during the 3rd quarter. Wolff Wiese Magana LLC now owns 108 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 68 shares during the last quarter. Caitlin John LLC bought a new stake in shares of Consumer Discretionary Select Sector SPDR Fund during the 3rd quarter worth $27,000. Finally, Costello Asset Management INC raised its position in Consumer Discretionary Select Sector SPDR Fund by 99.1% in the fourth quarter. Costello Asset Management INC now owns 227 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 113 shares during the last quarter. 69.93% of the stock is currently owned by institutional investors.

About Consumer Discretionary Select Sector SPDR Fund

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.