Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

Shares of Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $202.39 and traded as high as $226.89. Consumer Discretionary Select Sector SPDR Fund shares last traded at $226.05, with a volume of 2,425,680 shares changing hands.

Consumer Discretionary Select Sector SPDR Fund Stock Up 1.4 %

The company has a 50 day moving average price of $225.23 and a 200-day moving average price of $202.87.

Institutional Investors Weigh In On Consumer Discretionary Select Sector SPDR Fund

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Morse Asset Management Inc bought a new position in Consumer Discretionary Select Sector SPDR Fund in the third quarter valued at about $36,000. Compagnie Lombard Odier SCmA acquired a new stake in Consumer Discretionary Select Sector SPDR Fund during the 3rd quarter worth approximately $85,000. Banque Cantonale Vaudoise boosted its position in Consumer Discretionary Select Sector SPDR Fund by 39.0% during the 3rd quarter. Banque Cantonale Vaudoise now owns 428 shares of the exchange traded fund’s stock worth $86,000 after buying an additional 120 shares during the period. AdvisorNet Financial Inc increased its position in Consumer Discretionary Select Sector SPDR Fund by 84.1% in the 4th quarter. AdvisorNet Financial Inc now owns 416 shares of the exchange traded fund’s stock valued at $93,000 after acquiring an additional 190 shares during the period. Finally, Marquette Asset Management LLC acquired a new position in Consumer Discretionary Select Sector SPDR Fund in the 3rd quarter valued at approximately $95,000. 69.93% of the stock is owned by institutional investors.

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.