Financial Enhancement Group LLC grew its position in shares of Consumer Discretionary SPDR (NYSE:XLY) by 89.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,681 shares of the exchange traded fund’s stock after buying an additional 4,094 shares during the quarter. Financial Enhancement Group LLC’s holdings in Consumer Discretionary SPDR were worth $778,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Fernwood Investment Management LLC boosted its stake in shares of Consumer Discretionary SPDR by 1.9% in the 2nd quarter. Fernwood Investment Management LLC now owns 2,682 shares of the exchange traded fund’s stock worth $240,000 after buying an additional 50 shares during the last quarter. California Capital Advisors Inc. increased its position in Consumer Discretionary SPDR by 1.5% during the second quarter. California Capital Advisors Inc. now owns 4,819 shares of the exchange traded fund’s stock valued at $432,000 after acquiring an additional 69 shares during the last quarter. Merriman Wealth Management LLC increased its position in Consumer Discretionary SPDR by 3.1% during the second quarter. Merriman Wealth Management LLC now owns 2,846 shares of the exchange traded fund’s stock valued at $255,000 after acquiring an additional 85 shares during the last quarter. FMR LLC increased its position in Consumer Discretionary SPDR by 0.3% during the second quarter. FMR LLC now owns 33,378 shares of the exchange traded fund’s stock valued at $2,991,000 after acquiring an additional 91 shares during the last quarter. Finally, NewSquare Capital LLC increased its position in Consumer Discretionary SPDR by 0.8% during the second quarter. NewSquare Capital LLC now owns 15,177 shares of the exchange traded fund’s stock valued at $1,360,000 after acquiring an additional 125 shares during the last quarter.

Separately, Morgan Stanley downgraded Consumer Discretionary SPDR to an “underweight” rating in a report on Monday, September 25th.

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Shares of Consumer Discretionary SPDR (NYSE XLY) traded up 0.33% on Tuesday, hitting $90.55. 1,244,569 shares of the stock traded hands. Consumer Discretionary SPDR has a one year low of $76.61 and a one year high of $92.55. The stock has a 50 day moving average of $89.47 and a 200 day moving average of $89.54.

The company also recently announced a quarterly dividend, which was paid on Monday, September 25th. Investors of record on Monday, September 18th were given a $0.318 dividend. The ex-dividend date was Friday, September 15th. This represents a $1.27 dividend on an annualized basis and a yield of 1.41%. This is a positive change from Consumer Discretionary SPDR’s previous quarterly dividend of $0.27.

Consumer Discretionary SPDR Company 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.

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

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