Consumer Discretionary Select Sector SPDR Fund Sees Unusually Large Options Volume (NYSEARCA:XLY)

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) was the target of some unusual options trading on Friday. Stock traders purchased 23,989 put options on the stock. This represents an increase of 147% compared to the average daily volume of 9,721 put options.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Whitener Capital Management Inc. increased its position in shares of Consumer Discretionary Select Sector SPDR Fund by 2.0% in the fourth quarter. Whitener Capital Management Inc. now owns 2,293 shares of the exchange traded fund’s stock worth $514,000 after purchasing an additional 46 shares during the period. Destiny Wealth Partners LLC increased its holdings in Consumer Discretionary Select Sector SPDR Fund by 1.8% in the 4th quarter. Destiny Wealth Partners LLC now owns 2,602 shares of the exchange traded fund’s stock valued at $584,000 after buying an additional 47 shares during the period. Swmg LLC raised its position in shares of Consumer Discretionary Select Sector SPDR Fund by 2.2% in the 4th quarter. Swmg LLC now owns 2,193 shares of the exchange traded fund’s stock valued at $504,000 after buying an additional 48 shares in the last quarter. Barrett & Company Inc. lifted its holdings in shares of Consumer Discretionary Select Sector SPDR Fund by 9.9% during the 4th quarter. Barrett & Company Inc. now owns 564 shares of the exchange traded fund’s stock worth $127,000 after acquiring an additional 51 shares during the period. Finally, Sunbelt Securities Inc. boosted its position in shares of Consumer Discretionary Select Sector SPDR Fund by 11.7% during the 3rd quarter. Sunbelt Securities Inc. now owns 516 shares of the exchange traded fund’s stock worth $103,000 after acquiring an additional 54 shares in the last quarter. 69.93% of the stock is owned by institutional investors.

Consumer Discretionary Select Sector SPDR Fund Stock Performance

XLY stock opened at $197.04 on Friday. Consumer Discretionary Select Sector SPDR Fund has a 52 week low of $166.48 and a 52 week high of $240.28. The company has a market capitalization of $20.53 billion, a PE ratio of 24.10 and a beta of 1.25. The company’s 50-day simple moving average is $216.11 and its 200 day simple moving average is $214.04.

Consumer Discretionary Select Sector SPDR Fund Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were given a dividend of $0.542 per share. The ex-dividend date was Monday, March 24th. This is a positive change from Consumer Discretionary Select Sector SPDR Fund’s previous dividend of $0.39.

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.