IFC Holdings Incorporated FL boosted its position in shares of Consumer Discretionary SPDR (NYSE:XLY) by 138.1% during the second quarter, Holdings Channel reports. The institutional investor owned 33,293 shares of the exchange traded fund’s stock after buying an additional 19,312 shares during the period. IFC Holdings Incorporated FL’s holdings in Consumer Discretionary SPDR were worth $2,986,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in XLY. Sigma Planning Corp increased its stake in Consumer Discretionary SPDR by 1.2% in the second quarter. Sigma Planning Corp now owns 13,665 shares of the exchange traded fund’s stock worth $1,225,000 after buying an additional 162 shares in the last quarter. Montag & Caldwell LLC purchased a new stake in Consumer Discretionary SPDR during the second quarter worth $232,000. Biltmore Wealth Management LLC purchased a new stake in Consumer Discretionary SPDR during the second quarter worth $3,381,000. First Capital Advisors Group LLC. increased its stake in Consumer Discretionary SPDR by 13.7% in the second quarter. First Capital Advisors Group LLC. now owns 4,001 shares of the exchange traded fund’s stock worth $359,000 after buying an additional 481 shares in the last quarter. Finally, Granite Investment Advisors LLC increased its stake in Consumer Discretionary SPDR by 5.3% in the second quarter. Granite Investment Advisors LLC now owns 18,402 shares of the exchange traded fund’s stock worth $1,683,000 after buying an additional 920 shares in the last quarter.

Shares of Consumer Discretionary SPDR (NYSE:XLY) opened at 89.86 on Friday. The stock’s 50 day moving average is $90.37 and its 200 day moving average is $88.64. Consumer Discretionary SPDR has a 12 month low of $76.61 and a 12 month high of $92.55.

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About Consumer Discretionary SPDR

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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Institutional Ownership by Quarter for Consumer Discretionary SPDR (NYSE:XLY)

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