Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Stock Crosses Above Two Hundred Day Moving Average of $176.83

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLYGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $176.83 and traded as high as $177.10. Consumer Discretionary Select Sector SPDR Fund shares last traded at $177.10, with a volume of 2,236,664 shares trading hands.

Consumer Discretionary Select Sector SPDR Fund Price Performance

The company has a 50 day simple moving average of $176.88 and a 200 day simple moving average of $176.84.

Institutional Investors Weigh In On Consumer Discretionary Select Sector SPDR Fund

Several institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its stake in Consumer Discretionary Select Sector SPDR Fund by 32.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,269,524 shares of the exchange traded fund’s stock valued at $848,289,000 after acquiring an additional 1,276,024 shares in the last quarter. Morgan Stanley lifted its stake in Consumer Discretionary Select Sector SPDR Fund by 13.0% in the 3rd quarter. Morgan Stanley now owns 3,671,329 shares of the exchange traded fund’s stock valued at $591,011,000 after acquiring an additional 422,223 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Consumer Discretionary Select Sector SPDR Fund by 2.3% during the 4th quarter. Envestnet Asset Management Inc. now owns 2,142,647 shares of the exchange traded fund’s stock worth $383,127,000 after purchasing an additional 49,178 shares in the last quarter. Raymond James & Associates raised its stake in shares of Consumer Discretionary Select Sector SPDR Fund by 2.9% during the 1st quarter. Raymond James & Associates now owns 1,686,630 shares of the exchange traded fund’s stock worth $310,154,000 after purchasing an additional 46,881 shares in the last quarter. Finally, PGIM Custom Harvest LLC raised its stake in shares of Consumer Discretionary Select Sector SPDR Fund by 5.9% during the 3rd quarter. PGIM Custom Harvest LLC now owns 1,475,995 shares of the exchange traded fund’s stock worth $237,606,000 after purchasing an additional 82,510 shares in the last quarter. Institutional investors own 69.93% of the company’s stock.

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.

Recommended 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.