Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Stock Crosses Above 200 Day Moving Average of $172.58

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 $172.58 and traded as high as $174.19. Consumer Discretionary Select Sector SPDR Fund shares last traded at $172.33, with a volume of 6,166,099 shares trading hands.

Consumer Discretionary Select Sector SPDR Fund Trading Down 0.5 %

The company’s fifty day moving average is $180.27 and its two-hundred day moving average is $172.58.

Hedge Funds Weigh In On Consumer Discretionary Select Sector SPDR Fund

Several hedge funds and other institutional investors have recently made changes to their positions in XLY. Financial Management Professionals Inc. acquired a new position in Consumer Discretionary Select Sector SPDR Fund in the 4th quarter worth $27,000. Creekmur Asset Management LLC acquired a new position in Consumer Discretionary Select Sector SPDR Fund in the 4th quarter worth $30,000. Gradient Investments LLC raised its stake in shares of Consumer Discretionary Select Sector SPDR Fund by 216.7% in the 4th quarter. Gradient Investments LLC now owns 171 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 117 shares in the last quarter. Authentikos Wealth Advisory LLC acquired a new stake in shares of Consumer Discretionary Select Sector SPDR Fund in the 3rd quarter valued at about $28,000. Finally, Gold Investment Management Ltd. acquired a new stake in shares of Consumer Discretionary Select Sector SPDR Fund in the 4th quarter valued at about $31,000. Institutional investors and hedge funds 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.