Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $117.16 and traded as low as $117.11. Consumer Discretionary Select Sector SPDR Fund shares last traded at $117.39, with a volume of 9,079,202 shares.

Consumer Discretionary Select Sector SPDR Fund Stock Performance

The stock’s fifty day moving average is $117.40 and its two-hundred day moving average is $117.07. The firm has a market cap of $22.66 billion, a price-to-earnings ratio of 27.10 and a beta of 1.21.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of XLY. Steph & Co. boosted its position in shares of Consumer Discretionary Select Sector SPDR Fund by 100.0% during the fourth quarter. Steph & Co. now owns 208 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 104 shares during the period. WealthShield Partners LLC increased its position in Consumer Discretionary Select Sector SPDR Fund by 98.1% in the 4th quarter. WealthShield Partners LLC now owns 212 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 105 shares during the period. Costello Asset Management INC increased its position in Consumer Discretionary Select Sector SPDR Fund by 99.1% in the 4th quarter. Costello Asset Management INC now owns 227 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 113 shares during the period. Caitlin John LLC raised its stake in Consumer Discretionary Select Sector SPDR Fund by 103.5% during the 4th quarter. Caitlin John LLC now owns 232 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 118 shares in the last quarter. Finally, HHM Wealth Advisors LLC raised its stake in Consumer Discretionary Select Sector SPDR Fund by 100.0% during the 4th quarter. HHM Wealth Advisors LLC now owns 246 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 123 shares in the last quarter. Institutional investors own 69.93% of the company’s stock.

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.