Assetmark Inc. lessened its position in Consumer Discretionary SPDR (NYSEARCA:XLY) by 73.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 50,609 shares of the exchange traded fund’s stock after selling 140,845 shares during the quarter. Assetmark Inc.’s holdings in Consumer Discretionary SPDR were worth $4,559,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. NEXT Financial Group Inc raised its stake in Consumer Discretionary SPDR by 19.0% during the third quarter. NEXT Financial Group Inc now owns 9,976 shares of the exchange traded fund’s stock valued at $910,000 after buying an additional 1,590 shares during the last quarter. Stephens Inc. AR raised its stake in shares of Consumer Discretionary SPDR by 4.3% in the third quarter. Stephens Inc. AR now owns 48,822 shares of the exchange traded fund’s stock worth $4,398,000 after purchasing an additional 2,019 shares during the last quarter. Vaughan David Investments Inc. IL raised its stake in shares of Consumer Discretionary SPDR by 998.0% in the third quarter. Vaughan David Investments Inc. IL now owns 111,700 shares of the exchange traded fund’s stock worth $9,012,000 after purchasing an additional 101,527 shares during the last quarter. Banque Pictet & Cie SA purchased a new position in shares of Consumer Discretionary SPDR in the third quarter worth $581,000. Finally, Swan Global Investments LLC raised its stake in shares of 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 worth $376,019,000 after purchasing an additional 252,615 shares during the last quarter.

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Consumer Discretionary SPDR (NYSEARCA XLY) traded up $0.09 during trading hours on Thursday, reaching $94.39. The company’s stock had a trading volume of 3,197,300 shares, compared to its average volume of 4,171,983. Consumer Discretionary SPDR has a twelve month low of $81.15 and a twelve month high of $94.58.

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

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 (NYSEARCA:XLY)

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