Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Stock Crosses Below 200-Day Moving Average – Time to Sell?

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $117.66 and traded as low as $107.93. Consumer Discretionary Select Sector SPDR Fund shares last traded at $109.04, with a volume of 6,908,673 shares traded.

Consumer Discretionary Select Sector SPDR Fund Stock Up 2.8%

The company has a 50 day moving average of $114.04 and a 200 day moving average of $117.53. The firm has a market cap of $21.57 billion, a price-to-earnings ratio of 27.10 and a beta of 1.23.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of XLY. Steph & Co. lifted its stake in shares of Consumer Discretionary Select Sector SPDR Fund by 100.0% in the fourth quarter. Steph & Co. now owns 208 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 104 shares in the last quarter. WealthShield Partners LLC raised its stake in Consumer Discretionary Select Sector SPDR Fund by 98.1% during the fourth quarter. WealthShield Partners LLC now owns 212 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 105 shares in the last quarter. Wolff Wiese Magana LLC raised its stake in Consumer Discretionary Select Sector SPDR Fund by 170.0% during the third quarter. Wolff Wiese Magana LLC now owns 108 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 68 shares in the last quarter. Caitlin John LLC acquired a new stake in Consumer Discretionary Select Sector SPDR Fund during the third quarter valued at approximately $27,000. Finally, Costello Asset Management INC raised its stake in Consumer Discretionary Select Sector SPDR Fund by 99.1% during the fourth quarter. Costello Asset Management INC now owns 227 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 113 shares in the last quarter. Institutional investors and hedge funds own 69.93% of the company’s stock.

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.