Traders sold shares of Consumer Staples Select Sect. SPDR (NYSEARCA:XLP) on strength during trading hours on Friday. $37.14 million flowed into the stock on the tick-up and $143.82 million flowed out of the stock on the tick-down, for a money net flow of $106.68 million out of the stock. Of all stocks tracked, Consumer Staples Select Sect. SPDR had the 0th highest net out-flow for the day. Consumer Staples Select Sect. SPDR traded up $0.25 for the day and closed at $56.93

The stock has a market capitalization of $9,450.00 and a price-to-earnings ratio of 8.35.

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 26th. Investors of record on Monday, December 18th were issued a dividend of $0.4177 per share. The ex-dividend date was Friday, December 15th. This represents a $1.67 dividend on an annualized basis and a dividend yield of 2.93%. This is a positive change from Consumer Staples Select Sect. SPDR’s previous quarterly dividend of $0.35. Consumer Staples Select Sect. SPDR’s dividend payout ratio (DPR) is currently 21.85%.

Institutional investors and hedge funds have recently made changes to their positions in the business. U S Global Investors Inc. purchased a new stake in Consumer Staples Select Sect. SPDR in the 2nd quarter valued at approximately $192,000. Brighton Jones LLC purchased a new stake in Consumer Staples Select Sect. SPDR in the 3rd quarter valued at approximately $201,000. L & S Advisors Inc purchased a new stake in Consumer Staples Select Sect. SPDR in the 2nd quarter valued at approximately $205,000. Sei Investments Co. boosted its holdings in Consumer Staples Select Sect. SPDR by 1,374.1% in the 2nd quarter. Sei Investments Co. now owns 4,039 shares of the exchange traded fund’s stock valued at $222,000 after purchasing an additional 3,765 shares in the last quarter. Finally, Peapack Gladstone Financial Corp boosted its holdings in Consumer Staples Select Sect. SPDR by 5.0% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 4,616 shares of the exchange traded fund’s stock valued at $254,000 after purchasing an additional 220 shares in the last quarter.

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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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