Carroll Financial Associates Inc. cut its position in shares of Consumer Discretionary SPDR (NYSEARCA:XLY) by 11.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,058 shares of the exchange traded fund’s stock after selling 263 shares during the quarter. Carroll Financial Associates Inc.’s holdings in Consumer Discretionary SPDR were worth $234,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of XLY. Deutsche Bank AG bought a new position in shares of Consumer Discretionary SPDR during the fourth quarter worth about $51,496,000. Morgan Stanley grew its holdings in shares of Consumer Discretionary SPDR by 12.5% during the third quarter. Morgan Stanley now owns 4,041,985 shares of the exchange traded fund’s stock worth $473,801,000 after buying an additional 450,648 shares in the last quarter. BlackRock Inc. grew its stake in Consumer Discretionary SPDR by 42.8% in the fourth quarter. BlackRock Inc. now owns 1,396,522 shares of the exchange traded fund’s stock valued at $138,269,000 after purchasing an additional 418,757 shares in the last quarter. Foundations Investment Advisors LLC bought a new position in Consumer Discretionary SPDR in the first quarter valued at approximately $46,923,000. Finally, Voloridge Investment Management LLC bought a new position in Consumer Discretionary SPDR in the fourth quarter valued at approximately $37,431,000.
XLY stock traded down $0.04 during mid-day trading on Friday, reaching $119.27. The company had a trading volume of 3,071,288 shares, compared to its average volume of 4,949,230. Consumer Discretionary SPDR has a 52 week low of $91.73 and a 52 week high of $119.76.
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About Consumer Discretionary SPDR
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.
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