Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Sets New 52-Week High at $193.90

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) reached a new 52-week high on Monday . The company traded as high as $193.90 and last traded at $193.73, with a volume of 604651 shares changing hands. The stock had previously closed at $191.49.

Consumer Discretionary Select Sector SPDR Fund Trading Up 0.6 %

The business has a 50-day simple moving average of $180.53 and a 200 day simple moving average of $178.69.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in XLY. International Assets Investment Management LLC boosted its holdings in Consumer Discretionary Select Sector SPDR Fund by 16,875.3% in the fourth quarter. International Assets Investment Management LLC now owns 800,047 shares of the exchange traded fund’s stock worth $143,056,000 after acquiring an additional 795,334 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Consumer Discretionary Select Sector SPDR Fund by 1,000.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 780,455 shares of the exchange traded fund’s stock worth $139,553,000 after acquiring an additional 709,528 shares in the last quarter. Natixis boosted its holdings in Consumer Discretionary Select Sector SPDR Fund by 495.9% in the first quarter. Natixis now owns 600,180 shares of the exchange traded fund’s stock worth $110,367,000 after acquiring an additional 499,469 shares in the last quarter. Longbow Finance SA bought a new stake in Consumer Discretionary Select Sector SPDR Fund in the first quarter worth $88,045,000. Finally, Bank of Nova Scotia boosted its holdings in Consumer Discretionary Select Sector SPDR Fund by 1,335.3% in the fourth quarter. Bank of Nova Scotia now owns 507,816 shares of the exchange traded fund’s stock worth $90,799,000 after acquiring an additional 472,436 shares in the last quarter. Hedge funds and other institutional investors own 69.93% of the company’s stock.

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.