Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Shares of Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLYGet Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $117.30 and traded as high as $117.54. Consumer Discretionary Select Sector SPDR Fund shares last traded at $117.12, with a volume of 10,586,692 shares trading hands.

Consumer Discretionary Select Sector SPDR Fund Price Performance

The stock has a 50-day moving average of $117.58 and a 200-day moving average of $117.28. The firm has a market cap of $22.53 billion, a price-to-earnings ratio of 27.10 and a beta of 1.21.

Institutional Investors Weigh In On Consumer Discretionary Select Sector SPDR Fund

Hedge funds have recently added to or reduced their stakes in the business. Vilga Financial Planning LLC boosted its holdings in shares of Consumer Discretionary Select Sector SPDR Fund by 5.7% during the 1st quarter. Vilga Financial Planning LLC now owns 8,748 shares of the exchange traded fund’s stock worth $953,000 after buying an additional 469 shares in the last quarter. Pine Valley Investments Ltd Liability Co raised its holdings in shares of Consumer Discretionary Select Sector SPDR Fund by 2.1% in the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 19,116 shares of the exchange traded fund’s stock worth $2,083,000 after acquiring an additional 392 shares during the last quarter. DV Trading LLC lifted its holdings in shares of Consumer Discretionary Select Sector SPDR Fund by 182.4% in the first quarter. DV Trading LLC now owns 33,251 shares of the exchange traded fund’s stock valued at $3,624,000 after purchasing an additional 73,582 shares in the last quarter. Axiom Investment Management LLC purchased a new position in Consumer Discretionary Select Sector SPDR Fund during the 1st quarter worth $291,000. Finally, Segall Bryant & Hamill LLC purchased a new position in Consumer Discretionary Select Sector SPDR Fund during the first quarter worth about $1,039,000. 69.93% of the stock is currently owned by institutional investors and hedge funds.

Consumer Discretionary Select Sector SPDR Fund Company Profile

(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.

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