Butensky & Cohen Financial Security Inc. lifted its stake in Consumer Staples Select Sect. SPDR (NYSEARCA:XLP) by 12.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 15,686 shares of the exchange traded fund’s stock after purchasing an additional 1,756 shares during the quarter. Butensky & Cohen Financial Security Inc.’s holdings in Consumer Staples Select Sect. SPDR were worth $892,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. JT Stratford LLC increased its holdings in shares of Consumer Staples Select Sect. SPDR by 0.6% in the second quarter. JT Stratford LLC now owns 12,549 shares of the exchange traded fund’s stock valued at $689,000 after purchasing an additional 74 shares during the last quarter. Peapack Gladstone Financial Corp increased its stake in Consumer Staples Select Sect. SPDR by 5.0% during the second quarter. Peapack Gladstone Financial Corp now owns 4,616 shares of the exchange traded fund’s stock worth $254,000 after acquiring an additional 220 shares during the last quarter. Lee Capital Management LP increased its stake in Consumer Staples Select Sect. SPDR by 1.0% during the second quarter. Lee Capital Management LP now owns 22,972 shares of the exchange traded fund’s stock worth $1,262,000 after acquiring an additional 222 shares during the last quarter. Veritable L.P. increased its stake in Consumer Staples Select Sect. SPDR by 0.4% during the second quarter. Veritable L.P. now owns 109,539 shares of the exchange traded fund’s stock worth $6,018,000 after acquiring an additional 469 shares during the last quarter. Finally, Worth Venture Partners LLC increased its stake in Consumer Staples Select Sect. SPDR by 6.5% during the second quarter. Worth Venture Partners LLC now owns 7,801 shares of the exchange traded fund’s stock worth $429,000 after acquiring an additional 473 shares during the last quarter.

Consumer Staples Select Sect. SPDR (NYSEARCA:XLP) traded down $0.18 during mid-day trading on Thursday, reaching $57.38. The company’s stock had a trading volume of 12,549,600 shares, compared to its average volume of 13,198,609. The firm has a market capitalization of $8,460.00 and a PE ratio of 8.41. Consumer Staples Select Sect. SPDR has a one year low of $52.12 and a one year high of $57.77.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 26th. Shareholders of record on Monday, December 18th were paid a dividend of $0.4177 per share. This is a boost from Consumer Staples Select Sect. SPDR’s previous quarterly dividend of $0.35. The ex-dividend date was Friday, December 15th. This represents a $1.67 annualized dividend and a yield of 2.91%. Consumer Staples Select Sect. SPDR’s dividend payout ratio (DPR) is 21.85%.

ILLEGAL ACTIVITY WARNING: This story was reported by Daily Political and is the sole property of of Daily Political. If you are accessing this story on another publication, it was copied illegally and reposted in violation of U.S. and international trademark and copyright legislation. The original version of this story can be viewed at https://www.dailypolitical.com/2018/01/18/butensky-cohen-financial-security-inc-buys-1756-shares-of-consumer-staples-select-sect-spdr-xlp.html.

About Consumer Staples Select Sect. SPDR

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.

Want to see what other hedge funds are holding XLP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Consumer Staples Select Sect. SPDR (NYSEARCA:XLP).

Institutional Ownership by Quarter for Consumer Staples Select Sect. SPDR (NYSEARCA:XLP)

Receive News & Ratings for Consumer Staples Select Sect. SPDR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Consumer Staples Select Sect. SPDR and related companies with MarketBeat.com's FREE daily email newsletter.