Quattro Financial Advisors LLC Buys New Holdings in Consumer Discretionary SPDR (XLY)
Quattro Financial Advisors LLC bought a new stake in shares of Consumer Discretionary SPDR (NYSE:XLY) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 37,417 shares of the exchange traded fund’s stock, valued at approximately $3,435,000. Consumer Discretionary SPDR accounts for about 1.0% of Quattro Financial Advisors LLC’s portfolio, making the stock its 25th biggest holding.
Other hedge funds have also modified their holdings of the company. Ballentine Partners LLC raised its holdings in Consumer Discretionary SPDR by 24.9% during the 2nd quarter. Ballentine Partners LLC now owns 1,659 shares of the exchange traded fund’s stock valued at $152,000 after acquiring an additional 331 shares during the period. Carroll Financial Associates Inc. raised its holdings in Consumer Discretionary SPDR by 61.0% during the 2nd quarter. Carroll Financial Associates Inc. now owns 1,702 shares of the exchange traded fund’s stock valued at $152,000 after acquiring an additional 645 shares during the period. Signet Financial Management LLC bought a new stake in Consumer Discretionary SPDR during the 2nd quarter valued at $157,000. Meeder Asset Management Inc. raised its holdings in Consumer Discretionary SPDR by 117.0% during the 3rd quarter. Meeder Asset Management Inc. now owns 1,862 shares of the exchange traded fund’s stock valued at $168,000 after acquiring an additional 1,004 shares during the period. Finally, McAdam LLC bought a new stake in Consumer Discretionary SPDR during the 2nd quarter valued at $202,000.
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Separately, Morgan Stanley cut shares of Consumer Discretionary SPDR to an “underweight” rating in a report on Monday, September 25th.
Shares of Consumer Discretionary SPDR (XLY) traded up $0.13 during mid-day trading on Thursday, reaching $92.05. 673,822 shares of the company’s stock were exchanged. Consumer Discretionary SPDR has a 1-year low of $76.98 and a 1-year high of $92.59.
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.
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