Consumer Discretionary Select Sector SPDR Fund Target of Unusually Large Options Trading (NYSEARCA:XLY)

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLYGet Rating) was the recipient of some unusual options trading on Tuesday. Stock traders bought 32,407 put options on the company. This is an increase of approximately 104% compared to the average volume of 15,906 put options.

Institutional Investors Weigh In On Consumer Discretionary Select Sector SPDR Fund

Hedge funds have recently modified their holdings of the company. Resurgent Financial Advisors LLC acquired a new stake in shares of Consumer Discretionary Select Sector SPDR Fund during the 4th quarter worth approximately $26,000. Salem Investment Counselors Inc. acquired a new position in Consumer Discretionary Select Sector SPDR Fund in the second quarter valued at $27,000. Householder Group Estate & Retirement Specialist LLC acquired a new position in shares of Consumer Discretionary Select Sector SPDR Fund during the first quarter worth about $28,000. HHM Wealth Advisors LLC acquired a new position in Consumer Discretionary Select Sector SPDR Fund during the fourth quarter worth about $31,000. Finally, Ancora Advisors LLC grew its position in Consumer Discretionary Select Sector SPDR Fund by 242.9% during the fourth quarter. Ancora Advisors LLC now owns 264 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 187 shares during the period. 78.68% of the stock is owned by hedge funds and other institutional investors.

Consumer Discretionary Select Sector SPDR Fund Trading Down 2.0 %

Shares of XLY opened at $144.43 on Wednesday. Consumer Discretionary Select Sector SPDR Fund has a 12 month low of $126.00 and a 12 month high of $176.05. The stock has a fifty day moving average price of $145.00 and a 200-day moving average price of $141.77.

Consumer Discretionary Select Sector SPDR Fund Company Profile

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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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