Intl Fcstone Inc. purchased a new position in shares of Consumer Discretionary SPDR (NYSE:XLY) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 15,230 shares of the exchange traded fund’s stock, valued at approximately $1,365,000.

Several other institutional investors also recently modified their holdings of XLY. Puplava Financial Services Inc. raised its stake in shares of Consumer Discretionary SPDR by 5.8% in the second quarter. Puplava Financial Services Inc. now owns 2,454 shares of the exchange traded fund’s stock worth $220,000 after purchasing an additional 135 shares during the last quarter. Carroll Financial Associates Inc. raised its stake in shares of Consumer Discretionary SPDR by 61.0% in the second quarter. Carroll Financial Associates Inc. now owns 1,702 shares of the exchange traded fund’s stock worth $152,000 after purchasing an additional 645 shares during the last quarter. Smith Salley & Associates raised its stake in shares of Consumer Discretionary SPDR by 0.9% in the second quarter. Smith Salley & Associates now owns 14,835 shares of the exchange traded fund’s stock worth $1,330,000 after purchasing an additional 133 shares during the last quarter. Montecito Bank & Trust raised its stake in shares of Consumer Discretionary SPDR by 64.0% in the second quarter. Montecito Bank & Trust now owns 15,552 shares of the exchange traded fund’s stock worth $1,394,000 after purchasing an additional 6,069 shares during the last quarter. Finally, First Heartland Consultants Inc. raised its stake in shares of Consumer Discretionary SPDR by 2.4% in the second quarter. First Heartland Consultants Inc. now owns 19,622 shares of the exchange traded fund’s stock worth $1,759,000 after purchasing an additional 451 shares during the last quarter.

Shares of Consumer Discretionary SPDR (NYSE:XLY) traded up 0.16% during mid-day trading on Friday, hitting $91.29. The stock had a trading volume of 875,921 shares. Consumer Discretionary SPDR has a 52-week low of $76.61 and a 52-week high of $92.55. The stock’s 50-day moving average price is $90.30 and its 200-day moving average price is $89.90.

The firm also recently announced a quarterly dividend, which was paid on Monday, September 25th. Stockholders of record on Monday, September 18th were issued a dividend of $0.318 per share. This represents a $1.27 annualized dividend and a dividend yield of 1.40%. This is a positive change from Consumer Discretionary SPDR’s previous quarterly dividend of $0.27. The ex-dividend date was Friday, September 15th.

Separately, Morgan Stanley downgraded Consumer Discretionary SPDR to an “underweight” rating in a research note on Monday, September 25th.

ILLEGAL ACTIVITY NOTICE: “15,230 Shares in Consumer Discretionary SPDR (XLY) Purchased by Intl Fcstone Inc.” was originally reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this article on another website, it was copied illegally and republished in violation of U.S. & international trademark & copyright laws. The legal version of this article can be accessed at https://www.thecerbatgem.com/2017/10/20/15230-shares-in-consumer-discretionary-spdr-xly-purchased-by-intl-fcstone-inc.html.

About Consumer Discretionary SPDR

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.

Institutional Ownership by Quarter for Consumer Discretionary SPDR (NYSE:XLY)

Receive News & Stock Ratings for Consumer Discretionary SPDR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Consumer Discretionary SPDR and related stocks with our FREE daily email newsletter.