Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Shares Break Above 200 Day Moving Average – What’s Next?

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY – Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $115.48 and traded as high as $116.20. Consumer Discretionary Select Sector SPDR Fund shares last traded at $115.53, with a volume of 6,441,053 shares.

Consumer Discretionary Select Sector SPDR Fund Stock Down 1.7%

The company has a market cap of $21.54 billion, a PE ratio of 27.10 and a beta of 1.24. The stock has a 50-day moving average of $113.47 and a 200-day moving average of $115.53.

Institutional Investors Weigh In On Consumer Discretionary Select Sector SPDR Fund

Hedge funds have recently bought and sold shares of the stock. XP Advisory US Inc. purchased a new stake in Consumer Discretionary Select Sector SPDR Fund in the second quarter worth approximately $33,000. Alpine Bank Wealth Management bought a new stake in shares of Consumer Discretionary Select Sector SPDR Fund during the third quarter valued at approximately $33,000. Windsor Advisory Group LLC bought a new stake in Consumer Discretionary Select Sector SPDR Fund during the first quarter worth about $37,000. Fairway Wealth LLC bought a new position in Consumer Discretionary Select Sector SPDR Fund during the 1st quarter valued at approximately $38,000. Finally, Bogart Wealth LLC increased its stake in Consumer Discretionary Select Sector SPDR Fund by 38.4% during the 2nd quarter. Bogart Wealth LLC now owns 364 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 101 shares in the last quarter. 69.93% of the stock is currently owned by 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.

Featured Stories

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