Scotia Capital Inc. Has $329,000 Position in Consumer Discretionary SPDR (XLY)

Scotia Capital Inc. decreased its stake in shares of Consumer Discretionary SPDR (NYSE:XLY) by 73.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,668 shares of the exchange traded fund’s stock after selling 9,902 shares during the quarter. Scotia Capital Inc.’s holdings in Consumer Discretionary SPDR were worth $329,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. Ameriprise Financial Inc. increased its stake in shares of Consumer Discretionary SPDR by 34.9% in the second quarter. Ameriprise Financial Inc. now owns 1,596,729 shares of the exchange traded fund’s stock worth $143,179,000 after acquiring an additional 413,031 shares during the period. Nippon Life Insurance Co. increased its stake in shares of Consumer Discretionary SPDR by 51.6% in the second quarter. Nippon Life Insurance Co. now owns 1,022,600 shares of the exchange traded fund’s stock worth $91,656,000 after acquiring an additional 348,000 shares during the period. Janney Montgomery Scott LLC increased its stake in shares of Consumer Discretionary SPDR by 3.3% in the second quarter. Janney Montgomery Scott LLC now owns 947,275 shares of the exchange traded fund’s stock worth $84,904,000 after acquiring an additional 30,345 shares during the period. Migdal Insurance & Financial Holdings Ltd. grew its position in Consumer Discretionary SPDR by 96.9% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 937,048 shares of the exchange traded fund’s stock valued at $83,993,000 after buying an additional 461,229 shares during the period. Finally, BNP Paribas Arbitrage SA grew its position in Consumer Discretionary SPDR by 4.2% during the second quarter. BNP Paribas Arbitrage SA now owns 933,312 shares of the exchange traded fund’s stock valued at $83,653,000 after buying an additional 37,199 shares during the period.

Consumer Discretionary SPDR (XLY) traded up 0.44% during trading on Friday, reaching $91.33. 520,846 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $90.41 and its 200-day moving average price is $90.02. Consumer Discretionary SPDR has a one year low of $76.61 and a one year high of $92.55.

Separately, Morgan Stanley lowered shares of Consumer Discretionary SPDR to an “underweight” rating in a research report on Monday, September 25th.

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Consumer Discretionary SPDR 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.

Institutional Ownership by Quarter for Consumer Discretionary SPDR (NYSE:XLY)

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