BB&T Investment Services Inc. raised its stake in Consumer Staples Select Sect. SPDR (NYSEARCA:XLP) by 97.1% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 58,364 shares of the exchange traded fund’s stock after buying an additional 28,754 shares during the quarter. BB&T Investment Services Inc.’s holdings in Consumer Staples Select Sect. SPDR were worth $3,152,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of XLP. HRT Financial LLC increased its holdings in shares of Consumer Staples Select Sect. SPDR by 147.2% during the second quarter. HRT Financial LLC now owns 20,148 shares of the exchange traded fund’s stock valued at $1,106,000 after purchasing an additional 11,997 shares during the period. Synovus Financial Corp increased its holdings in shares of Consumer Staples Select Sect. SPDR by 5.7% during the second quarter. Synovus Financial Corp now owns 103,214 shares of the exchange traded fund’s stock valued at $5,670,000 after purchasing an additional 5,562 shares during the period. Baltimore Washington Financial Advisors Inc. increased its holdings in shares of Consumer Staples Select Sect. SPDR by 5.2% during the third quarter. Baltimore Washington Financial Advisors Inc. now owns 91,927 shares of the exchange traded fund’s stock valued at $4,962,000 after purchasing an additional 4,557 shares during the period. Prudential PLC increased its holdings in shares of Consumer Staples Select Sect. SPDR by 45.7% during the second quarter. Prudential PLC now owns 23,440 shares of the exchange traded fund’s stock valued at $1,288,000 after purchasing an additional 7,350 shares during the period. Finally, Sumitomo Mitsui Financial Group Inc. increased its holdings in shares of Consumer Staples Select Sect. SPDR by 12.1% during the second quarter. Sumitomo Mitsui Financial Group Inc. now owns 72,088 shares of the exchange traded fund’s stock valued at $3,961,000 after purchasing an additional 7,770 shares during the period.

Shares of Consumer Staples Select Sect. SPDR (NYSEARCA:XLP) traded up $0.14 on Monday, hitting $56.19. The stock had a trading volume of 29,328,699 shares, compared to its average volume of 10,385,814. Consumer Staples Select Sect. SPDR has a 52 week low of $50.35 and a 52 week high of $57.36.

COPYRIGHT VIOLATION WARNING: “BB&T Investment Services Inc. Buys 28,754 Shares of Consumer Staples Select Sect. SPDR (XLP)” was originally reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece on another publication, it was copied illegally and republished in violation of U.S. & international trademark & copyright legislation. The original version of this piece can be read at https://www.thecerbatgem.com/2017/12/04/bbt-investment-services-inc-buys-28754-shares-of-consumer-staples-select-sect-spdr-xlp.html.

About Consumer Staples Select Sect. SPDR

Consumer Staples Select Sector SPDR Fund (the Fund) seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Consumer Staples Select Sector Index (the Index).The Fund typically invests in substantially all of the securities represented in the Index in approximately the same proportions as the Index.

Institutional Ownership by Quarter for Consumer Staples Select Sect. SPDR (NYSEARCA:XLP)

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