Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Share Price Passes Above 200-Day Moving Average of $119.62

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Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $119.62 and traded as high as $121.31. Consumer Discretionary Select Sector SPDR Fund shares last traded at $121.02, with a volume of 278,975 shares.

The business has a fifty day moving average price of $121.42 and a 200-day moving average price of $119.62.

Several institutional investors and hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its stake in shares of Consumer Discretionary Select Sector SPDR Fund by 516.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,181,290 shares of the exchange traded fund’s stock valued at $140,409,000 after acquiring an additional 989,750 shares during the last quarter. Morgan Stanley lifted its stake in shares of Consumer Discretionary Select Sector SPDR Fund by 22.4% in the 2nd quarter. Morgan Stanley now owns 3,797,251 shares of the exchange traded fund’s stock valued at $452,633,000 after acquiring an additional 696,066 shares during the last quarter. BlackRock Inc. lifted its stake in shares of Consumer Discretionary Select Sector SPDR Fund by 43.6% in the 2nd quarter. BlackRock Inc. now owns 1,859,594 shares of the exchange traded fund’s stock valued at $221,663,000 after acquiring an additional 564,569 shares during the last quarter. Mizuho Trust & Banking Co. Ltd. bought a new stake in shares of Consumer Discretionary Select Sector SPDR Fund in the 2nd quarter valued at about $34,568,000. Finally, LPL Financial LLC lifted its stake in shares of Consumer Discretionary Select Sector SPDR Fund by 31.7% in the 2nd quarter. LPL Financial LLC now owns 1,124,677 shares of the exchange traded fund’s stock valued at $134,061,000 after acquiring an additional 270,944 shares during the last quarter.

About Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY)

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.

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