Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Stock Passes Above 200 Day Moving Average of $172.99

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $172.99 and traded as high as $174.71. Consumer Discretionary Select Sector SPDR Fund shares last traded at $174.40, with a volume of 5,349,399 shares.

Consumer Discretionary Select Sector SPDR Fund Trading Up 0.9 %

The company’s fifty day simple moving average is $179.48 and its 200-day simple moving average is $173.00.

Institutional Trading of Consumer Discretionary Select Sector SPDR Fund

A number of institutional investors have recently modified their holdings of XLY. Financial Management Professionals Inc. bought a new stake in shares of Consumer Discretionary Select Sector SPDR Fund in the 4th quarter valued at about $27,000. Authentikos Wealth Advisory LLC bought a new stake in shares of Consumer Discretionary Select Sector SPDR Fund in the 3rd quarter valued at about $28,000. Creekmur Asset Management LLC bought a new stake in shares of Consumer Discretionary Select Sector SPDR Fund in the 4th quarter valued at about $30,000. Gradient Investments LLC boosted its holdings in shares of Consumer Discretionary Select Sector SPDR Fund by 216.7% in the 4th quarter. Gradient Investments LLC now owns 171 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 117 shares in the last quarter. Finally, Gold Investment Management Ltd. bought a new stake in shares of Consumer Discretionary Select Sector SPDR Fund in the 4th quarter valued at about $31,000. 69.93% of the stock is currently owned by institutional investors.

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.