Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Shares Cross Above 200-Day Moving Average – Here’s What Happened

Shares of Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $183.63 and traded as high as $198.96. Consumer Discretionary Select Sector SPDR Fund shares last traded at $198.91, with a volume of 2,255,107 shares.

Consumer Discretionary Select Sector SPDR Fund Stock Performance

The firm has a 50 day moving average of $190.29 and a 200-day moving average of $183.63.

Institutional Trading of Consumer Discretionary Select Sector SPDR Fund

A number of institutional investors and hedge funds have recently modified their holdings of the company. CHICAGO TRUST Co NA boosted its stake in Consumer Discretionary Select Sector SPDR Fund by 2.2% during the third quarter. CHICAGO TRUST Co NA now owns 2,498 shares of the exchange traded fund’s stock worth $501,000 after buying an additional 54 shares in the last quarter. InTrack Investment Management Inc lifted its holdings in shares of Consumer Discretionary Select Sector SPDR Fund by 3.0% during the 2nd quarter. InTrack Investment Management Inc now owns 1,867 shares of the exchange traded fund’s stock worth $341,000 after acquiring an additional 55 shares during the period. Insight Advisors LLC PA boosted its position in shares of Consumer Discretionary Select Sector SPDR Fund by 1.8% during the 2nd quarter. Insight Advisors LLC PA now owns 3,122 shares of the exchange traded fund’s stock valued at $570,000 after acquiring an additional 55 shares in the last quarter. Hurlow Wealth Management Group Inc. increased its stake in Consumer Discretionary Select Sector SPDR Fund by 4.4% in the third quarter. Hurlow Wealth Management Group Inc. now owns 1,295 shares of the exchange traded fund’s stock valued at $259,000 after acquiring an additional 55 shares during the period. Finally, Freestone Capital Holdings LLC raised its position in Consumer Discretionary Select Sector SPDR Fund by 3.0% in the first quarter. Freestone Capital Holdings LLC now owns 2,048 shares of the exchange traded fund’s stock worth $377,000 after purchasing an additional 60 shares in the last quarter. 69.93% of the stock is currently owned by institutional investors.

About Consumer Discretionary Select Sector SPDR Fund

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.