Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Stock Crosses Above 200-Day Moving Average – Time to Sell?

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 Trading Up 1.8%

The stock has a market capitalization of $23.49 billion, a PE ratio of 27.10 and a beta of 1.22. The firm’s fifty day moving average price is $114.96 and its two-hundred day moving average price is $117.33.

Hedge Funds Weigh In On Consumer Discretionary Select Sector SPDR Fund

Several institutional investors have recently made changes to their positions in the company. Steph & Co. increased its holdings in Consumer Discretionary Select Sector SPDR Fund by 100.0% in the 4th quarter. Steph & Co. now owns 208 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 104 shares in the last quarter. WealthShield Partners LLC increased its holdings in Consumer Discretionary Select Sector SPDR Fund by 98.1% in the 4th quarter. WealthShield Partners LLC now owns 212 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 105 shares in the last quarter. Caitlin John LLC purchased a new stake in Consumer Discretionary Select Sector SPDR Fund in the 3rd quarter worth $27,000. Costello Asset Management INC increased its holdings in Consumer Discretionary Select Sector SPDR Fund by 99.1% in the 4th quarter. Costello Asset Management INC now owns 227 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 113 shares in the last quarter. Finally, HHM Wealth Advisors LLC increased its holdings in Consumer Discretionary Select Sector SPDR Fund by 100.0% in the 4th quarter. HHM Wealth Advisors LLC now owns 246 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 123 shares in the last quarter. 69.93% of the stock is owned by hedge funds and other 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.