Consumer Discretionary Select Sector SPDR Fund Sees Unusually Large Options Volume (NYSEARCA:XLY)

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) was the recipient of unusually large options trading on Thursday. Stock investors acquired 112,198 put options on the company. This represents an increase of 682% compared to the typical volume of 14,355 put options.

Institutional Investors Weigh In On Consumer Discretionary Select Sector SPDR Fund

Large investors have recently bought and sold shares of the stock. Steph & Co. grew its stake in shares of Consumer Discretionary Select Sector SPDR Fund by 100.0% in the 4th quarter. Steph & Co. now owns 208 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 104 shares during the period. WealthShield Partners LLC boosted its holdings in Consumer Discretionary Select Sector SPDR Fund by 98.1% in the fourth quarter. WealthShield Partners LLC now owns 212 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 105 shares in the last quarter. Costello Asset Management INC boosted its holdings in Consumer Discretionary Select Sector SPDR Fund by 99.1% in the fourth quarter. Costello Asset Management INC now owns 227 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 113 shares in the last quarter. Caitlin John LLC grew its stake in Consumer Discretionary Select Sector SPDR Fund by 103.5% in the fourth quarter. Caitlin John LLC now owns 232 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 118 shares during the period. Finally, HHM Wealth Advisors LLC grew its stake in Consumer Discretionary Select Sector SPDR Fund by 100.0% in the fourth quarter. HHM Wealth Advisors LLC now owns 246 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 123 shares during the period. 69.93% of the stock is currently owned by institutional investors and hedge funds.

Consumer Discretionary Select Sector SPDR Fund Stock Performance

Shares of NYSEARCA:XLY traded up $0.34 during midday trading on Thursday, reaching $117.34. The company’s stock had a trading volume of 6,006,714 shares, compared to its average volume of 9,721,468. Consumer Discretionary Select Sector SPDR Fund has a fifty-two week low of $105.19 and a fifty-two week high of $125.01. The firm has a 50 day moving average price of $117.26 and a two-hundred day moving average price of $116.91. The firm has a market capitalization of $22.80 billion, a price-to-earnings ratio of 27.10 and a beta of 1.21.

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.