Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP) Stock Price Passes Above 50-Day Moving Average of $76.97

Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP)’s stock price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $76.97 and traded as high as $77.27. Consumer Staples Select Sector SPDR Fund shares last traded at $76.04, with a volume of 9,209,681 shares trading hands.

Consumer Staples Select Sector SPDR Fund Trading Down 0.7 %

The stock’s 50-day moving average is $76.97 and its 200-day moving average is $74.83. The company has a market cap of $14.32 billion, a price-to-earnings ratio of 25.58 and a beta of 0.45.

Institutional Trading of Consumer Staples Select Sector SPDR Fund

Institutional investors have recently made changes to their positions in the company. O Shaughnessy Asset Management LLC grew its position in Consumer Staples Select Sector SPDR Fund by 541.0% during the third quarter. O Shaughnessy Asset Management LLC now owns 4,961 shares of the exchange traded fund’s stock valued at $341,000 after buying an additional 4,187 shares during the period. Tower Research Capital LLC TRC lifted its holdings in shares of Consumer Staples Select Sector SPDR Fund by 269.6% in the third quarter. Tower Research Capital LLC TRC now owns 7,215 shares of the exchange traded fund’s stock worth $496,000 after buying an additional 5,263 shares in the last quarter. Glenmede Trust Co. NA raised its stake in Consumer Staples Select Sector SPDR Fund by 23.4% in the third quarter. Glenmede Trust Co. NA now owns 27,198 shares of the exchange traded fund’s stock valued at $1,871,000 after purchasing an additional 5,158 shares in the last quarter. EHP Funds Inc. purchased a new stake in Consumer Staples Select Sector SPDR Fund in the third quarter valued at approximately $2,057,000. Finally, Lowe Brockenbrough & Co. Inc. raised its stake in Consumer Staples Select Sector SPDR Fund by 1.2% in the third quarter. Lowe Brockenbrough & Co. Inc. now owns 67,387 shares of the exchange traded fund’s stock valued at $4,637,000 after purchasing an additional 780 shares in the last quarter.

About Consumer Staples Select Sector SPDR Fund

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.