Investors bought shares of Consumer Discretionary SPDR (NYSEARCA:XLY) on weakness during trading hours on Monday. $44.56 million flowed into the stock on the tick-up and $28.49 million flowed out of the stock on the tick-down, for a money net flow of $16.07 million into the stock. Of all stocks tracked, Consumer Discretionary SPDR had the 21st highest net in-flow for the day. Consumer Discretionary SPDR traded down ($0.58) for the day and closed at $98.69

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

The stock has a market capitalization of $13,020.00 and a P/E ratio of 13.38.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 26th. Shareholders of record on Monday, December 18th were paid a dividend of $0.3319 per share. This is an increase from Consumer Discretionary SPDR’s previous quarterly dividend of $0.32. The ex-dividend date was Friday, December 15th. This represents a $1.33 dividend on an annualized basis and a dividend yield of 1.32%. Consumer Discretionary SPDR’s dividend payout ratio (DPR) is currently 15.89%.

Several hedge funds and other institutional investors have recently made changes to their positions in XLY. JPMorgan Chase & Co. increased its stake in shares of Consumer Discretionary SPDR by 138.7% during the third quarter. JPMorgan Chase & Co. now owns 1,575,851 shares of the exchange traded fund’s stock valued at $141,417,000 after purchasing an additional 915,623 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives bought a new position in shares of Consumer Discretionary SPDR during the third quarter valued at approximately $50,175,000. Migdal Insurance & Financial Holdings Ltd. increased its stake in shares of Consumer Discretionary SPDR by 96.9% during 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 purchasing an additional 461,229 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of Consumer Discretionary SPDR by 34.9% during 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 purchasing an additional 413,031 shares in the last quarter. Finally, Swan Global Investments LLC increased its stake in shares of Consumer Discretionary SPDR by 6.4% during 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 purchasing an additional 252,615 shares in the last quarter.

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About Consumer Discretionary SPDR

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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