Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Stock Crosses Above 200 Day Moving Average of $172.58

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $172.58 and traded as high as $174.19. Consumer Discretionary Select Sector SPDR Fund shares last traded at $172.33, with a volume of 6,166,099 shares changing hands.

Consumer Discretionary Select Sector SPDR Fund Stock Down 0.5 %

The business’s fifty day simple moving average is $180.27 and its two-hundred day simple moving average is $172.58.

Hedge Funds Weigh In On Consumer Discretionary Select Sector SPDR Fund

Hedge funds and other institutional investors have recently made changes to their positions in the business. Arkadios Wealth Advisors lifted its holdings in shares of Consumer Discretionary Select Sector SPDR Fund by 5.2% during the 3rd quarter. Arkadios Wealth Advisors now owns 3,339 shares of the exchange traded fund’s stock worth $537,000 after acquiring an additional 166 shares during the period. Herbst Group LLC lifted its holdings in Consumer Discretionary Select Sector SPDR Fund by 1.1% during the 3rd quarter. Herbst Group LLC now owns 10,289 shares of the exchange traded fund’s stock valued at $1,656,000 after purchasing an additional 112 shares during the last quarter. RVW Wealth LLC bought a new position in Consumer Discretionary Select Sector SPDR Fund during the 3rd quarter valued at about $38,000. Brave Asset Management Inc. lifted its holdings in Consumer Discretionary Select Sector SPDR Fund by 2.0% during the 3rd quarter. Brave Asset Management Inc. now owns 32,523 shares of the exchange traded fund’s stock valued at $5,236,000 after purchasing an additional 643 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. bought a new position in Consumer Discretionary Select Sector SPDR Fund during the 3rd quarter valued at about $4,394,000. 69.93% of the stock is owned by institutional investors.

Consumer Discretionary Select Sector SPDR Fund Company Profile

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.