Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $80.72 and traded as low as $80.59. Consumer Staples Select Sector SPDR Fund shares last traded at $80.61, with a volume of 10,470,338 shares trading hands.

Consumer Staples Select Sector SPDR Fund Stock Down 1.0 %

The stock has a market capitalization of $15.18 billion, a PE ratio of 25.58 and a beta of 0.45. The stock has a fifty day moving average of $79.07 and a 200-day moving average of $80.72.

Institutional Trading of Consumer Staples Select Sector SPDR Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of XLP. Bleakley Financial Group LLC acquired a new stake in Consumer Staples Select Sector SPDR Fund in the third quarter valued at $475,000. Blue Trust Inc. increased its position in shares of Consumer Staples Select Sector SPDR Fund by 42.1% during the third quarter. Blue Trust Inc. now owns 746 shares of the exchange traded fund’s stock worth $57,000 after purchasing an additional 221 shares in the last quarter. Narus Financial Partners LLC increased its position in shares of Consumer Staples Select Sector SPDR Fund by 9.2% during the third quarter. Narus Financial Partners LLC now owns 7,992 shares of the exchange traded fund’s stock worth $663,000 after purchasing an additional 672 shares in the last quarter. Sterling Investment Management LLC acquired a new stake in shares of Consumer Staples Select Sector SPDR Fund during the third quarter worth about $213,000. Finally, Castleview Partners LLC increased its position in shares of Consumer Staples Select Sector SPDR Fund by 3.8% during the third quarter. Castleview Partners LLC now owns 27,082 shares of the exchange traded fund’s stock worth $2,248,000 after purchasing an additional 999 shares in the last quarter.

Consumer Staples Select Sector SPDR Fund Company Profile

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.