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 Friday. Stock traders bought 13,203 put options on the stock. This is an increase of 34% compared to the average volume of 9,861 put options.

Consumer Discretionary Select Sector SPDR Fund Stock Performance

XLY stock opened at $182.40 on Friday. Consumer Discretionary Select Sector SPDR Fund has a one year low of $147.83 and a one year high of $185.29. The firm’s fifty day moving average is $177.86 and its 200 day moving average is $178.04.

Institutional Investors Weigh In On Consumer Discretionary Select Sector SPDR Fund

Several large investors have recently bought and sold shares of XLY. Financial Management Professionals Inc. acquired a new stake in shares of Consumer Discretionary Select Sector SPDR Fund in the 4th quarter worth $27,000. Creekmur Asset Management LLC acquired a new position in Consumer Discretionary Select Sector SPDR Fund in the 4th quarter valued at about $30,000. Gradient Investments LLC grew its stake in shares of Consumer Discretionary Select Sector SPDR Fund by 216.7% in the 4th quarter. Gradient Investments LLC now owns 171 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 117 shares during the period. Gold Investment Management Ltd. purchased a new stake in shares of Consumer Discretionary Select Sector SPDR Fund during the 4th quarter valued at approximately $31,000. Finally, Register Financial Advisors LLC lifted its holdings in Consumer Discretionary Select Sector SPDR Fund by 2,542.9% in the fourth quarter. Register Financial Advisors LLC now owns 185 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 178 shares during the last quarter. 69.93% of the stock is currently owned by hedge funds and other institutional investors.

Consumer Discretionary Select Sector SPDR Fund Company Profile

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.