Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Hits New 12-Month High at $185.67

Shares of Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $185.67 and last traded at $185.45, with a volume of 699190 shares trading hands. The stock had previously closed at $183.02.

Consumer Discretionary Select Sector SPDR Fund Price Performance

The firm’s fifty day moving average price is $178.11 and its 200-day moving average price is $178.11.

Hedge Funds Weigh In On Consumer Discretionary Select Sector SPDR Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Soltis Investment Advisors LLC boosted its stake in Consumer Discretionary Select Sector SPDR Fund by 1.7% in the 1st quarter. Soltis Investment Advisors LLC now owns 12,763 shares of the exchange traded fund’s stock worth $2,347,000 after purchasing an additional 208 shares during the period. Cetera Advisor Networks LLC boosted its stake in Consumer Discretionary Select Sector SPDR Fund by 5.2% in the 1st quarter. Cetera Advisor Networks LLC now owns 200,776 shares of the exchange traded fund’s stock worth $36,921,000 after purchasing an additional 9,909 shares during the period. Cetera Advisors LLC boosted its stake in Consumer Discretionary Select Sector SPDR Fund by 19.1% in the 1st quarter. Cetera Advisors LLC now owns 72,166 shares of the exchange traded fund’s stock worth $13,271,000 after purchasing an additional 11,597 shares during the period. Cetera Investment Advisers boosted its stake in Consumer Discretionary Select Sector SPDR Fund by 424.8% in the 1st quarter. Cetera Investment Advisers now owns 327,152 shares of the exchange traded fund’s stock worth $60,160,000 after purchasing an additional 264,811 shares during the period. Finally, Orleans Capital Management Corp LA boosted its stake in Consumer Discretionary Select Sector SPDR Fund by 3.6% in the 1st quarter. Orleans Capital Management Corp LA now owns 20,365 shares of the exchange traded fund’s stock worth $3,745,000 after purchasing an additional 705 shares during the period. 69.93% of the stock is owned by institutional investors and hedge funds.

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.