Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Stock Price Passes Above 200 Day Moving Average – Here’s What Happened

Posted by Teresa Graham on Jan 2nd, 2025

Shares of Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY – Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $198.99 and traded as high as $227.95. Consumer Discretionary Select Sector SPDR Fund shares last traded at $224.35, with a volume of 2,625,395 shares.

Consumer Discretionary Select Sector SPDR Fund Stock Performance

The stock’s 50 day simple moving average is $220.21 and its two-hundred day simple moving average is $199.49.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Rothschild Investment LLC bought a new position in shares of Consumer Discretionary Select Sector SPDR Fund during the second quarter valued at $30,000. Morse Asset Management Inc acquired a new stake in shares of Consumer Discretionary Select Sector SPDR Fund during the 3rd quarter worth about $36,000. MCF Advisors LLC lifted its holdings in Consumer Discretionary Select Sector SPDR Fund by 1,583.3% during the 2nd quarter. MCF Advisors LLC now owns 202 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 190 shares during the last quarter. Balentine LLC lifted its holdings in Consumer Discretionary Select Sector SPDR Fund by 200.0% during the 2nd quarter. Balentine LLC now owns 246 shares of the exchange traded fund’s stock valued at $45,000 after purchasing an additional 164 shares during the last quarter. Finally, Marathon Trading Investment Management LLC acquired a new position in Consumer Discretionary Select Sector SPDR Fund in the second quarter valued at about $73,000. Institutional investors own 69.93% of the company’s stock.

Consumer Discretionary Select Sector SPDR Fund Company Profile

(Get Free Report)

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.