Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Sets New 12-Month High – Should You Buy?

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY)’s stock price reached a new 52-week high on Monday . The stock traded as high as $223.48 and last traded at $223.48, with a volume of 651 shares trading hands. The stock had previously closed at $222.30.

Consumer Discretionary Select Sector SPDR Fund Trading Down 0.1 %

The firm has a fifty day moving average of $205.74 and a 200 day moving average of $191.26.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of XLY. Sapient Capital LLC grew its stake in Consumer Discretionary Select Sector SPDR Fund by 1.8% in the second quarter. Sapient Capital LLC now owns 10,839 shares of the exchange traded fund’s stock worth $1,977,000 after purchasing an additional 187 shares in the last quarter. Mirador Capital Partners LP grew its position in shares of Consumer Discretionary Select Sector SPDR Fund by 3.1% in the 2nd quarter. Mirador Capital Partners LP now owns 5,836 shares of the exchange traded fund’s stock worth $1,065,000 after acquiring an additional 176 shares in the last quarter. Sound Income Strategies LLC increased its holdings in shares of Consumer Discretionary Select Sector SPDR Fund by 20.3% in the 2nd quarter. Sound Income Strategies LLC now owns 3,186 shares of the exchange traded fund’s stock valued at $581,000 after acquiring an additional 538 shares during the last quarter. InTrack Investment Management Inc raised its position 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 valued at $341,000 after acquiring an additional 55 shares in the last quarter. Finally, Mather Group LLC. raised its position in shares of Consumer Discretionary Select Sector SPDR Fund by 14.4% during the 2nd quarter. Mather Group LLC. now owns 533 shares of the exchange traded fund’s stock valued at $98,000 after acquiring an additional 67 shares in the last quarter. Institutional investors and hedge funds 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.