Cornerstone Financial Partners LLC boosted its position in Consumer Discretionary SPDR (NYSEARCA:XLY) by 0.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 146,428 shares of the exchange traded fund’s stock after acquiring an additional 882 shares during the quarter. Consumer Discretionary SPDR accounts for 5.0% of Cornerstone Financial Partners LLC’s holdings, making the stock its 4th largest holding. Cornerstone Financial Partners LLC owned 0.12% of Consumer Discretionary SPDR worth $13,179,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in XLY. Migdal Insurance & Financial Holdings Ltd. increased its stake in Consumer Discretionary SPDR by 96.9% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 937,048 shares of the exchange traded fund’s stock valued at $83,993,000 after acquiring an additional 461,229 shares during the last quarter. Ameriprise Financial Inc. increased its stake in Consumer Discretionary SPDR by 34.9% in the second quarter. Ameriprise Financial Inc. now owns 1,596,729 shares of the exchange traded fund’s stock valued at $143,179,000 after acquiring an additional 413,031 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Consumer Discretionary SPDR by 142.3% in the second quarter. JPMorgan Chase & Co. now owns 660,228 shares of the exchange traded fund’s stock valued at $59,177,000 after acquiring an additional 387,703 shares during the last quarter. Nippon Life Insurance Co. increased its stake in Consumer Discretionary SPDR by 51.6% in the second quarter. Nippon Life Insurance Co. now owns 1,022,600 shares of the exchange traded fund’s stock valued at $91,656,000 after acquiring an additional 348,000 shares during the last quarter. Finally, Swan Global Investments LLC increased its stake in Consumer Discretionary SPDR by 6.4% in the third quarter. Swan Global Investments LLC now owns 4,190,097 shares of the exchange traded fund’s stock valued at $376,019,000 after acquiring an additional 252,615 shares during the last quarter.

Consumer Discretionary SPDR (XLY) traded up $0.09 during midday trading on Friday, hitting $94.39. 3,197,300 shares of the company’s stock were exchanged, compared to its average volume of 4,171,983. Consumer Discretionary SPDR has a 12-month low of $81.15 and a 12-month high of $94.58.

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Separately, Morgan Stanley cut shares of Consumer Discretionary SPDR to an “underweight” rating in a research note on Monday, September 25th.

Consumer Discretionary SPDR Profile

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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Institutional Ownership by Quarter for Consumer Discretionary SPDR (NYSEARCA:XLY)

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