Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $196.76 and traded as high as $229.40. Consumer Discretionary Select Sector SPDR Fund shares last traded at $229.17, with a volume of 2,961,245 shares.

Consumer Discretionary Select Sector SPDR Fund Stock Up 2.3 %

The stock has a 50 day simple moving average of $216.49 and a 200 day simple moving average of $197.52.

Hedge Funds Weigh In On Consumer Discretionary Select Sector SPDR Fund

Institutional investors have recently bought and sold shares of the business. Rothschild Investment LLC acquired a new stake in Consumer Discretionary Select Sector SPDR Fund in the second quarter valued at approximately $30,000. Morse Asset Management Inc purchased a new position in Consumer Discretionary Select Sector SPDR Fund during the 3rd quarter worth $36,000. MCF Advisors LLC raised its stake in Consumer Discretionary Select Sector SPDR Fund by 1,583.3% in the second quarter. MCF Advisors LLC now owns 202 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 190 shares during the last quarter. Balentine LLC boosted its holdings in Consumer Discretionary Select Sector SPDR Fund by 200.0% in the second quarter. Balentine LLC now owns 246 shares of the exchange traded fund’s stock worth $45,000 after acquiring an additional 164 shares in the last quarter. Finally, Marathon Trading Investment Management LLC purchased a new stake in shares of Consumer Discretionary Select Sector SPDR Fund during the second quarter worth about $73,000. 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.