NGAM Advisors L.P. bought a new position in shares of Consumer Staples Select Sect. SPDR (NYSE:XLP) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 21,397 shares of the exchange traded fund’s stock, valued at approximately $1,176,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Mutual of Omaha Bank Wealth Management acquired a new stake in Consumer Staples Select Sect. SPDR during the second quarter worth about $207,000. First Midwest Bank Trust Division raised its stake in Consumer Staples Select Sect. SPDR by 1.2% in the second quarter. First Midwest Bank Trust Division now owns 4,940 shares of the exchange traded fund’s stock worth $271,000 after buying an additional 60 shares during the period. Montecito Bank & Trust raised its stake in Consumer Staples Select Sect. SPDR by 53.7% in the second quarter. Montecito Bank & Trust now owns 6,366 shares of the exchange traded fund’s stock worth $349,000 after buying an additional 2,224 shares during the period. Smith Salley & Associates raised its stake in Consumer Staples Select Sect. SPDR by 0.6% in the second quarter. Smith Salley & Associates now owns 19,986 shares of the exchange traded fund’s stock worth $1,098,000 after buying an additional 125 shares during the period. Finally, Mechanics Bank Trust Department raised its stake in Consumer Staples Select Sect. SPDR by 3.6% in the second quarter. Mechanics Bank Trust Department now owns 26,031 shares of the exchange traded fund’s stock worth $1,430,000 after buying an additional 914 shares during the period.

Shares of Consumer Staples Select Sect. SPDR (NYSE XLP) opened at 55.67 on Wednesday. The firm has a 50-day moving average price of $55.00 and a 200-day moving average price of $55.08. Consumer Staples Select Sect. SPDR has a 12-month low of $49.98 and a 12-month high of $57.36.

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About Consumer Staples Select Sect. SPDR

Consumer Staples Select Sector SPDR Fund (the Fund) seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Consumer Staples Select Sector Index (the Index).The Fund typically invests in substantially all of the securities represented in the Index in approximately the same proportions as the Index.

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Institutional Ownership by Quarter for Consumer Staples Select Sect. SPDR (NYSE:XLP)

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