Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP – Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $84.12 and traded as high as $85.30. Consumer Staples Select Sector SPDR Fund shares last traded at $84.39, with a volume of 10,893,337 shares traded.
Consumer Staples Select Sector SPDR Fund Price Performance
The firm has a 50-day moving average of $84.14 and a 200-day moving average of $83.53. The stock has a market cap of $14.09 billion, a PE ratio of 20.82 and a beta of 0.47.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in XLP. Eastern Bank lifted its holdings in shares of Consumer Staples Select Sector SPDR Fund by 554.3% in the second quarter. Eastern Bank now owns 301 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 255 shares in the last quarter. Bank of Jackson Hole Trust purchased a new position in Consumer Staples Select Sector SPDR Fund during the fourth quarter valued at $25,000. Signature Resources Capital Management LLC increased its holdings in Consumer Staples Select Sector SPDR Fund by 325.0% in the 4th quarter. Signature Resources Capital Management LLC now owns 340 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 260 shares during the last quarter. Pacifica Partners Inc. lifted its stake in Consumer Staples Select Sector SPDR Fund by 165.4% in the 4th quarter. Pacifica Partners Inc. now owns 345 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 215 shares in the last quarter. Finally, Ankerstar Wealth LLC purchased a new stake in Consumer Staples Select Sector SPDR Fund in the 4th quarter worth $28,000.
About Consumer Staples Select Sector SPDR Fund
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. Under normal market conditions, the Fund generally invests substantially all, but at least 95%, of its total assets in the securities consisting of the Index.
Read More
- Five stocks we like better than Consumer Staples Select Sector SPDR Fund
- AeroVironment Flies Under Wall Street’s Radar Toward a $4 Billion Target
- Micron’s $250 Billion Bet Could Reshape the AI Memory Race
- Rocket Lab’s Stock Drop Comes With a Bullish Twist
- Amazon’s New Debt Deal Puts Its AI Spending Story on Trial
Receive News & Ratings for Consumer Staples 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 Staples Select Sector SPDR Fund and related companies with MarketBeat.com's FREE daily email newsletter.
