Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Stock Price Passes Above 200 Day Moving Average of $179.72

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $179.72 and traded as high as $188.13. Consumer Discretionary Select Sector SPDR Fund shares last traded at $182.89, with a volume of 3,640,310 shares traded.

Consumer Discretionary Select Sector SPDR Fund Stock Performance

The firm has a 50-day moving average price of $183.09 and a two-hundred day moving average price of $179.76.

Hedge Funds Weigh In On Consumer Discretionary Select Sector SPDR Fund

A number of large investors have recently added to or reduced their stakes in XLY. International Assets Investment Management LLC grew its stake in shares of Consumer Discretionary Select Sector SPDR Fund by 16,875.3% during the fourth quarter. International Assets Investment Management LLC now owns 800,047 shares of the exchange traded fund’s stock worth $143,056,000 after acquiring an additional 795,334 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Consumer Discretionary Select Sector SPDR Fund by 1,000.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 780,455 shares of the exchange traded fund’s stock worth $139,553,000 after acquiring an additional 709,528 shares during the last quarter. Natixis grew its stake in shares of Consumer Discretionary Select Sector SPDR Fund by 495.9% during the first quarter. Natixis now owns 600,180 shares of the exchange traded fund’s stock worth $110,367,000 after acquiring an additional 499,469 shares during the last quarter. Longbow Finance SA purchased a new stake in Consumer Discretionary Select Sector SPDR Fund in the first quarter valued at approximately $88,045,000. Finally, Bank of Nova Scotia boosted its position in Consumer Discretionary Select Sector SPDR Fund by 1,335.3% in the fourth quarter. Bank of Nova Scotia now owns 507,816 shares of the exchange traded fund’s stock valued at $90,799,000 after buying an additional 472,436 shares during the last quarter. 69.93% of the stock is currently 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.