Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $196.76 and traded as high as $229.40. Consumer Discretionary Select Sector SPDR Fund shares last traded at $229.17, with a volume of 2,961,245 shares changing hands.

Consumer Discretionary Select Sector SPDR Fund Stock Performance

The company has a 50 day simple moving average of $215.75 and a two-hundred day simple moving average of $197.12.

Institutional Trading of Consumer Discretionary Select Sector SPDR Fund

A number of large investors have recently made changes to their positions in XLY. CHICAGO TRUST Co NA increased its stake in shares of Consumer Discretionary Select Sector SPDR Fund by 2.2% during the third quarter. CHICAGO TRUST Co NA now owns 2,498 shares of the exchange traded fund’s stock valued at $501,000 after buying an additional 54 shares during the period. Sunbelt Securities Inc. raised its stake in Consumer Discretionary Select Sector SPDR Fund by 11.7% in the third quarter. Sunbelt Securities Inc. now owns 516 shares of the exchange traded fund’s stock valued at $103,000 after buying an additional 54 shares during the last quarter. Hurlow Wealth Management Group Inc. boosted its stake in Consumer Discretionary Select Sector SPDR Fund by 4.4% in the 3rd quarter. Hurlow Wealth Management Group Inc. now owns 1,295 shares of the exchange traded fund’s stock worth $259,000 after purchasing an additional 55 shares in the last quarter. Frank Rimerman Advisors LLC grew its holdings in shares of Consumer Discretionary Select Sector SPDR Fund by 0.9% during the third quarter. Frank Rimerman Advisors LLC now owns 6,124 shares of the exchange traded fund’s stock valued at $1,227,000 after buying an additional 55 shares during the last quarter. Finally, Colony Family Offices LLC grew its stake in Consumer Discretionary Select Sector SPDR Fund by 0.5% during the 3rd quarter. Colony Family Offices LLC now owns 11,391 shares of the exchange traded fund’s stock valued at $2,282,000 after purchasing an additional 55 shares during the last quarter. 69.93% of the stock is owned by hedge funds and other institutional investors.

Consumer Discretionary Select Sector SPDR Fund Company Profile

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.