Consumer Discretionary Select Sector SPDR Fund Sees Unusually High Options Volume (NYSEARCA:XLY)

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) was the recipient of unusually large options trading activity on Thursday. Stock traders acquired 112,198 put options on the stock. This represents an increase of approximately 682% compared to the average volume of 14,355 put options.

Consumer Discretionary Select Sector SPDR Fund Trading Down 1.6%

Shares of Consumer Discretionary Select Sector SPDR Fund stock opened at $115.44 on Friday. The stock has a market capitalization of $22.51 billion, a price-to-earnings ratio of 27.10 and a beta of 1.21. Consumer Discretionary Select Sector SPDR Fund has a twelve month low of $105.19 and a twelve month high of $125.01. The business’s 50 day simple moving average is $117.11 and its 200-day simple moving average is $116.86.

Institutional Trading of Consumer Discretionary Select Sector SPDR Fund

Large investors have recently modified their holdings of the company. Bank of America Corp DE grew its holdings in Consumer Discretionary Select Sector SPDR Fund by 98.6% in the 4th quarter. Bank of America Corp DE now owns 39,205,803 shares of the exchange traded fund’s stock worth $4,681,565,000 after buying an additional 19,466,208 shares in the last quarter. Morgan Stanley grew its stake in shares of Consumer Discretionary Select Sector SPDR Fund by 106.7% in the fourth quarter. Morgan Stanley now owns 7,340,011 shares of the exchange traded fund’s stock worth $876,471,000 after purchasing an additional 3,789,323 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Consumer Discretionary Select Sector SPDR Fund by 92.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 4,356,281 shares of the exchange traded fund’s stock worth $520,184,000 after purchasing an additional 2,096,216 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Consumer Discretionary Select Sector SPDR Fund by 99.7% during the fourth quarter. LPL Financial LLC now owns 3,377,676 shares of the exchange traded fund’s stock valued at $403,328,000 after purchasing an additional 1,686,451 shares during the period. Finally, Focus Partners Wealth increased its holdings in shares of Consumer Discretionary Select Sector SPDR Fund by 101.6% during the fourth quarter. Focus Partners Wealth now owns 3,046,790 shares of the exchange traded fund’s stock valued at $363,874,000 after purchasing an additional 1,535,758 shares during the period. 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.