Traders sold shares of Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) on strength during trading on Tuesday. $101.47 million flowed into the stock on the tick-up and $166.06 million flowed out of the stock on the tick-down, for a money net flow of $64.59 million out of the stock. Of all companies tracked, Consumer Discretionary Select Sector SPDR Fund had the 33rd highest net out-flow for the day. Consumer Discretionary Select Sector SPDR Fund traded up $0.31 for the day and closed at $110.21

A number of institutional investors have recently added to or reduced their stakes in XLY. Mizuho Bank Ltd. bought a new position in shares of Consumer Discretionary Select Sector SPDR Fund during the third quarter valued at $158,247,000. Rehmann Capital Advisory Group lifted its holdings in shares of Consumer Discretionary Select Sector SPDR Fund by 13,213.9% during the third quarter. Rehmann Capital Advisory Group now owns 1,113,708 shares of the exchange traded fund’s stock valued at $9,501,000 after purchasing an additional 1,105,343 shares in the last quarter. Morgan Stanley lifted its holdings in shares of Consumer Discretionary Select Sector SPDR Fund by 12.5% during the third quarter. Morgan Stanley now owns 4,041,985 shares of the exchange traded fund’s stock valued at $473,801,000 after purchasing an additional 450,648 shares in the last quarter. BlackRock Inc. lifted its holdings in shares of Consumer Discretionary Select Sector SPDR Fund by 42.8% during the fourth quarter. BlackRock Inc. now owns 1,396,522 shares of the exchange traded fund’s stock valued at $138,269,000 after purchasing an additional 418,757 shares in the last quarter. Finally, Voloridge Investment Management LLC bought a new position in shares of Consumer Discretionary Select Sector SPDR Fund during the fourth quarter valued at $37,431,000.

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Consumer Discretionary Select Sector SPDR Fund Company Profile (NYSEARCA:XLY)

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.

Further Reading: What is the Book Value of a Share?

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