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

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $184.36 and traded as high as $200.45. Consumer Discretionary Select Sector SPDR Fund shares last traded at $200.18, with a volume of 3,436,478 shares changing hands.

Consumer Discretionary Select Sector SPDR Fund Price Performance

The stock has a 50-day moving average of $193.20 and a 200-day moving average of $184.50.

Institutional Investors Weigh In On Consumer Discretionary Select Sector SPDR Fund

Several hedge funds have recently bought and sold shares of the stock. CHICAGO TRUST Co NA raised its position in 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 purchasing an additional 54 shares in the last quarter. InTrack Investment Management Inc raised its stake in shares of Consumer Discretionary Select Sector SPDR Fund by 3.0% during the second quarter. InTrack Investment Management Inc now owns 1,867 shares of the exchange traded fund’s stock worth $341,000 after acquiring an additional 55 shares in the last quarter. Insight Advisors LLC PA boosted its stake in shares of Consumer Discretionary Select Sector SPDR Fund by 1.8% in the 2nd quarter. Insight Advisors LLC PA now owns 3,122 shares of the exchange traded fund’s stock valued at $570,000 after purchasing an additional 55 shares in the last quarter. Hurlow Wealth Management Group Inc. raised its position 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 during the period. Finally, Frank Rimerman Advisors LLC boosted its position in 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 period. 69.93% of the stock is currently owned by 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.