Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Sets New 1-Year High at $197.58

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) reached a new 52-week high during trading on Monday . The stock traded as high as $197.58 and last traded at $197.15, with a volume of 726045 shares trading hands. The stock had previously closed at $196.29.

Consumer Discretionary Select Sector SPDR Fund Stock Up 0.8 %

The company has a 50 day moving average of $185.06 and a 200 day moving average of $181.53.

Hedge Funds Weigh In On Consumer Discretionary Select Sector SPDR Fund

A number of hedge funds have recently modified their holdings of the business. Commerce Bank boosted its holdings in Consumer Discretionary Select Sector SPDR Fund by 23.5% during the 4th quarter. Commerce Bank now owns 16,015 shares of the exchange traded fund’s stock valued at $2,864,000 after acquiring an additional 3,050 shares during the period. Johnson Financial Group Inc. boosted its holdings in Consumer Discretionary Select Sector SPDR Fund by 62.8% during the 4th quarter. Johnson Financial Group Inc. now owns 2,574 shares of the exchange traded fund’s stock valued at $460,000 after acquiring an additional 993 shares during the period. Act Two Investors LLC purchased a new position in Consumer Discretionary Select Sector SPDR Fund during the 4th quarter valued at about $357,000. Analyst IMS Investment Management Services Ltd. boosted its holdings in Consumer Discretionary Select Sector SPDR Fund by 47.0% during the 4th quarter. Analyst IMS Investment Management Services Ltd. now owns 5,779 shares of the exchange traded fund’s stock valued at $1,033,000 after acquiring an additional 1,847 shares during the period. Finally, Hilltop Holdings Inc. boosted its holdings in Consumer Discretionary Select Sector SPDR Fund by 42.6% during the 4th quarter. Hilltop Holdings Inc. now owns 11,618 shares of the exchange traded fund’s stock valued at $2,077,000 after acquiring an additional 3,473 shares during the period. 69.93% of the stock is currently owned by hedge funds and other institutional investors.

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.