Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Share Price Passes Above 200-Day Moving Average of $119.62

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $119.62 and traded as high as $121.31. Consumer Discretionary Select Sector SPDR Fund shares last traded at $121.02, with a volume of 278,975 shares.

The business’s fifty day moving average price is $122.97 and its two-hundred day moving average price is $121.07.

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were issued a $0.4098 dividend. The ex-dividend date was Friday, December 20th. This is an increase from Consumer Discretionary Select Sector SPDR Fund’s previous quarterly dividend of $0.38. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.31%.

Several institutional investors have recently bought and sold shares of XLY. Prestige Wealth Management Group LLC bought a new stake in shares of Consumer Discretionary Select Sector SPDR Fund in the 2nd quarter worth about $39,000. Creative Financial Designs Inc. ADV increased its holdings in shares of Consumer Discretionary Select Sector SPDR Fund by 405.9% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 344 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 276 shares during the last quarter. Independence Bank of Kentucky bought a new stake in shares of Consumer Discretionary Select Sector SPDR Fund in the 3rd quarter worth about $41,000. Farmers & Merchants Investments Inc. increased its holdings in shares of Consumer Discretionary Select Sector SPDR Fund by 250.5% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 368 shares of the exchange traded fund’s stock worth $44,000 after buying an additional 263 shares during the last quarter. Finally, Heritage Wealth Advisors increased its holdings in shares of Consumer Discretionary Select Sector SPDR Fund by 134.4% in the 3rd quarter. Heritage Wealth Advisors now owns 422 shares of the exchange traded fund’s stock worth $50,000 after buying an additional 242 shares during the last quarter.

About Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY)

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.

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