Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $114.20 and traded as high as $118.49. Consumer Discretionary Select Sector SPDR Fund shares last traded at $117.98, with a volume of 5,153,855 shares traded.

Consumer Discretionary Select Sector SPDR Fund Trading Down 0.0%

The company has a market cap of $24.21 billion, a PE ratio of 27.10 and a beta of 1.21. The business has a 50 day simple moving average of $117.74 and a two-hundred day simple moving average of $114.20.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Brighton Jones LLC raised its position in Consumer Discretionary Select Sector SPDR Fund by 14.9% in the fourth quarter. Brighton Jones LLC now owns 1,169 shares of the exchange traded fund’s stock valued at $262,000 after purchasing an additional 152 shares during the period. Bison Wealth LLC lifted its position in shares of Consumer Discretionary Select Sector SPDR Fund by 34.5% during the fourth quarter. Bison Wealth LLC now owns 1,519 shares of the exchange traded fund’s stock worth $341,000 after purchasing an additional 390 shares in the last quarter. Zions Bancorporation National Association UT acquired a new stake in Consumer Discretionary Select Sector SPDR Fund during the 1st quarter valued at $82,000. Townsquare Capital LLC lifted its holdings in Consumer Discretionary Select Sector SPDR Fund by 16.5% in the 1st quarter. Townsquare Capital LLC now owns 2,845 shares of the exchange traded fund’s stock worth $562,000 after buying an additional 403 shares in the last quarter. Finally, King Luther Capital Management Corp raised its position in shares of Consumer Discretionary Select Sector SPDR Fund by 20.6% in the 1st quarter. King Luther Capital Management Corp now owns 2,187 shares of the exchange traded fund’s stock valued at $432,000 after purchasing an additional 374 shares in the last quarter. 69.93% of the stock is owned by institutional investors and hedge funds.

About Consumer Discretionary Select Sector SPDR Fund

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.