Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Share Price Crosses Above 200-Day Moving Average – Here’s Why

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $117.30 and traded as high as $117.54. Consumer Discretionary Select Sector SPDR Fund shares last traded at $117.12, with a volume of 10,586,692 shares traded.

Consumer Discretionary Select Sector SPDR Fund Price Performance

The company has a market capitalization of $22.63 billion, a P/E ratio of 27.10 and a beta of 1.21. The stock’s fifty day simple moving average is $117.65 and its 200-day simple moving average is $117.30.

Institutional Trading of Consumer Discretionary Select Sector SPDR Fund

Several hedge funds have recently added to or reduced their stakes in the business. Vilga Financial Planning LLC lifted its holdings in shares of Consumer Discretionary Select Sector SPDR Fund by 5.7% during the first quarter. Vilga Financial Planning LLC now owns 8,748 shares of the exchange traded fund’s stock worth $953,000 after buying an additional 469 shares during the last quarter. Pine Valley Investments Ltd Liability Co boosted its position in shares of Consumer Discretionary Select Sector SPDR Fund by 2.1% in the first quarter. Pine Valley Investments Ltd Liability Co now owns 19,116 shares of the exchange traded fund’s stock valued at $2,083,000 after acquiring an additional 392 shares during the period. DV Trading LLC grew its stake in shares of Consumer Discretionary Select Sector SPDR Fund by 182.4% in the first quarter. DV Trading LLC now owns 33,251 shares of the exchange traded fund’s stock worth $3,624,000 after acquiring an additional 73,582 shares during the last quarter. Axiom Investment Management LLC acquired a new stake in shares of Consumer Discretionary Select Sector SPDR Fund in the first quarter worth $291,000. Finally, Segall Bryant & Hamill LLC bought a new position in Consumer Discretionary Select Sector SPDR Fund during the first quarter worth $1,039,000. 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.