Consumer Discretionary Select Sector SPDR Fund Sees Unusually Large Options Volume (NYSEARCA:XLY)

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) was the target of some unusual options trading activity on Thursday. Traders purchased 112,198 put options on the stock. This is an increase of approximately 682% compared to the typical volume of 14,355 put options.

Institutional Investors Weigh In On Consumer Discretionary Select Sector SPDR Fund

Hedge funds and other institutional investors have recently made changes to their positions in the business. Steph & Co. lifted its position in Consumer Discretionary Select Sector SPDR Fund by 100.0% in the 4th quarter. Steph & Co. now owns 208 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 104 shares in the last quarter. WealthShield Partners LLC boosted its stake in Consumer Discretionary Select Sector SPDR Fund by 98.1% during the 4th quarter. WealthShield Partners LLC now owns 212 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 105 shares during the last quarter. Costello Asset Management INC increased its holdings in Consumer Discretionary Select Sector SPDR Fund by 99.1% during the 4th quarter. Costello Asset Management INC now owns 227 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 113 shares in the last quarter. Caitlin John LLC increased its holdings in Consumer Discretionary Select Sector SPDR Fund by 103.5% during the 4th quarter. Caitlin John LLC now owns 232 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 118 shares in the last quarter. Finally, HHM Wealth Advisors LLC raised its stake in shares of Consumer Discretionary Select Sector SPDR Fund by 100.0% in the fourth quarter. HHM Wealth Advisors LLC now owns 246 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 123 shares during the last quarter. 69.93% of the stock is owned by institutional investors.

Consumer Discretionary Select Sector SPDR Fund Stock Up 0.3%

XLY stock traded up $0.34 during midday trading on Thursday, reaching $117.34. 6,006,714 shares of the company’s stock traded hands, compared to its average volume of 9,721,468. The firm’s fifty day moving average price is $117.26 and its 200-day moving average price is $116.91. Consumer Discretionary Select Sector SPDR Fund has a 52 week low of $105.19 and a 52 week high of $125.01. The company has a market cap of $22.80 billion, a price-to-earnings ratio of 27.10 and a beta of 1.21.

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.