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

Shares of Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) crossed above its 200-day moving average during trading on Friday . The stock has a 200-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.

Consumer Discretionary Select Sector SPDR Fund Stock Performance

The stock has a market capitalization of $22.93 billion, a price-to-earnings ratio of 27.10 and a beta of 1.22. The firm’s fifty day simple moving average is $113.72 and its 200 day simple moving average is $117.35.

Institutional Trading of Consumer Discretionary Select Sector SPDR Fund

Several hedge funds have recently bought and sold shares of XLY. Steph & Co. grew its stake 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 acquiring an additional 104 shares in the last quarter. WealthShield Partners LLC grew its stake 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 acquiring an additional 105 shares in the last quarter. Wolff Wiese Magana LLC grew its stake 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 acquiring an additional 68 shares in the last quarter. Caitlin John LLC bought a new position in shares of Consumer Discretionary Select Sector SPDR Fund during the 3rd quarter worth approximately $27,000. Finally, Costello Asset Management INC grew its stake in shares of Consumer Discretionary Select Sector SPDR Fund by 99.1% during the 4th 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 in the last quarter. 69.93% of the stock is currently owned by institutional investors and hedge funds.

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.