Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Shares Pass Above 200-Day Moving Average – What’s Next?

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $117.33 and traded as high as $121.95. Consumer Discretionary Select Sector SPDR Fund shares last traded at $121.55, with a volume of 13,116,026 shares trading hands.

Consumer Discretionary Select Sector SPDR Fund Stock Down 1.0%

The stock has a market cap of $23.36 billion, a PE ratio of 27.10 and a beta of 1.22. The company has a fifty day moving average price of $115.14 and a 200 day moving average price of $117.35.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of XLY. Brighton Jones LLC increased its holdings in shares of 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 worth $262,000 after buying an additional 152 shares during the period. Bison Wealth LLC increased its holdings in Consumer Discretionary Select Sector SPDR Fund by 34.5% during the 4th quarter. Bison Wealth LLC now owns 1,519 shares of the exchange traded fund’s stock valued at $341,000 after purchasing an additional 390 shares during the period. AQR Capital Management LLC increased its holdings in Consumer Discretionary Select Sector SPDR Fund by 65.1% during the 1st quarter. AQR Capital Management LLC now owns 14,272 shares of the exchange traded fund’s stock valued at $2,818,000 after purchasing an additional 5,627 shares during the period. Empowered Funds LLC increased its holdings in Consumer Discretionary Select Sector SPDR Fund by 1,162.7% during the 1st quarter. Empowered Funds LLC now owns 5,821 shares of the exchange traded fund’s stock valued at $1,149,000 after purchasing an additional 5,360 shares during the period. Finally, Schnieders Capital Management LLC. purchased a new position in Consumer Discretionary Select Sector SPDR Fund during the 2nd quarter valued at about $1,124,000. Hedge funds and other institutional investors own 69.93% of the company’s stock.

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.