Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP) Hits New 52-Week High at $82.74

Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $82.74 and last traded at $82.60, with a volume of 1120220 shares traded. The stock had previously closed at $82.42.

Consumer Staples Select Sector SPDR Fund Stock Performance

The stock has a market cap of $15.55 billion, a price-to-earnings ratio of 25.58 and a beta of 0.45. The firm’s 50-day simple moving average is $78.37 and its two-hundred day simple moving average is $76.60.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Robertson Stephens Wealth Management LLC lifted its holdings in Consumer Staples Select Sector SPDR Fund by 10.2% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 40,170 shares of the exchange traded fund’s stock valued at $2,893,000 after buying an additional 3,728 shares during the period. Coombe Bender & Co LLC lifted its stake in shares of Consumer Staples Select Sector SPDR Fund by 5.7% in the 4th quarter. Coombe Bender & Co LLC now owns 4,784 shares of the exchange traded fund’s stock valued at $345,000 after purchasing an additional 257 shares during the period. Silver Oak Securities Incorporated boosted its position in shares of Consumer Staples Select Sector SPDR Fund by 381.0% in the 4th quarter. Silver Oak Securities Incorporated now owns 3,617 shares of the exchange traded fund’s stock worth $261,000 after purchasing an additional 2,865 shares during the last quarter. Y.D. More Investments Ltd boosted its holdings in Consumer Staples Select Sector SPDR Fund by 13.9% during the fourth quarter. Y.D. More Investments Ltd now owns 1,635 shares of the exchange traded fund’s stock worth $118,000 after buying an additional 200 shares during the last quarter. Finally, Warner Financial Inc. grew its holdings in shares of Consumer Staples Select Sector SPDR Fund by 8.9% in the 1st quarter. Warner Financial Inc. now owns 3,741 shares of the exchange traded fund’s stock valued at $286,000 after buying an additional 307 shares during the period.

Consumer Staples Select Sector SPDR Fund Company Profile

Consumer Staples Select Sector SPDR Fund (the Fund) seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Consumer Staples Select Sector Index (the Index).The Fund typically invests in substantially all of the securities represented in the Index in approximately the same proportions as the Index.