Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Reaches New 1-Year High at $127.98

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) reached a new 52-week high during trading on Friday . The stock traded as high as $127.98 and last traded at $127.77, with a volume of 36937 shares. The stock had previously closed at $127.54.

The firm’s fifty day simple moving average is $124.36 and its 200 day simple moving average is $121.55.

The company also recently declared a quarterly dividend, which was paid on Thursday, December 26th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.4098 per share. This represents a $1.64 annualized dividend and a yield of 1.28%. The ex-dividend date was Friday, December 20th. This is a boost from Consumer Discretionary Select Sector SPDR Fund’s previous quarterly dividend of $0.38.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Morgan Stanley boosted its holdings 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 buying an additional 696,066 shares in the last quarter. BlackRock Inc. boosted its holdings 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 buying an additional 564,569 shares in the last quarter. Foundations Investment Advisors LLC boosted its holdings in shares of Consumer Discretionary Select Sector SPDR Fund by 1,044.4% in the 4th quarter. Foundations Investment Advisors LLC now owns 397,246 shares of the exchange traded fund’s stock valued at $50,125,000 after buying an additional 362,534 shares in the last quarter. RiverFront Investment Group LLC boosted its holdings in shares of Consumer Discretionary Select Sector SPDR Fund by 60.1% in the 3rd quarter. RiverFront Investment Group LLC now owns 508,985 shares of the exchange traded fund’s stock valued at $61,434,000 after buying an additional 191,125 shares in the last quarter. Finally, Tibra Equities Europe Ltd acquired a new position in shares of Consumer Discretionary Select Sector SPDR Fund in the 3rd quarter valued at $20,985,000.

Consumer Discretionary Select Sector SPDR Fund Company Profile (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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