Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP) Reaches New 1-Year Low at $68.23

Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP – Get Rating)’s share price hit a new 52-week low on Thursday . The company traded as low as $68.23 and last traded at $69.28, with a volume of 461307 shares traded. The stock had previously closed at $69.61.

The stock has a fifty day simple moving average of $75.80 and a two-hundred day simple moving average of $75.36.

Institutional investors have recently modified their holdings of the business. Peoples Financial Services CORP. increased its stake in Consumer Staples Select Sector SPDR Fund by 116.4% in the 1st quarter. Peoples Financial Services CORP. now owns 344 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 185 shares during the last quarter. Hardy Reed LLC purchased a new stake in Consumer Staples Select Sector SPDR Fund in the 1st quarter valued at about $28,000. TAP Consulting LLC purchased a new stake in Consumer Staples Select Sector SPDR Fund in the 4th quarter valued at about $29,000. MCF Advisors LLC purchased a new stake in Consumer Staples Select Sector SPDR Fund in the 1st quarter valued at about $31,000. Finally, Hazlett Burt & Watson Inc. purchased a new stake in Consumer Staples Select Sector SPDR Fund in the 1st quarter valued at about $34,000.

About Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP)

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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