BB&T Investment Services Inc. Boosts Stake in Consumer Discretionary SPDR (XLY)

BB&T Investment Services Inc. increased its position in shares of Consumer Discretionary SPDR (NYSEARCA:XLY) by 134.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 60,163 shares of the exchange traded fund’s stock after purchasing an additional 34,488 shares during the period. Consumer Discretionary SPDR accounts for about 1.1% of BB&T Investment Services Inc.’s holdings, making the stock its 11th biggest holding. BB&T Investment Services Inc.’s holdings in Consumer Discretionary SPDR were worth $5,429,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. San Francisco Sentry Investment Group CA increased its position in Consumer Discretionary SPDR by 20.7% during the third quarter. San Francisco Sentry Investment Group CA now owns 5,475 shares of the exchange traded fund’s stock worth $493,000 after purchasing an additional 939 shares during the last quarter. Estate Counselors LLC increased its position in Consumer Discretionary SPDR by 68.3% during the third quarter. Estate Counselors LLC now owns 39,660 shares of the exchange traded fund’s stock worth $3,573,000 after purchasing an additional 16,090 shares during the last quarter. BB&T Securities LLC increased its position in Consumer Discretionary SPDR by 40.0% during the third quarter. BB&T Securities LLC now owns 249,938 shares of the exchange traded fund’s stock worth $22,514,000 after purchasing an additional 71,362 shares during the last quarter. Associated Banc Corp increased its position in Consumer Discretionary SPDR by 2.4% during the third quarter. Associated Banc Corp now owns 25,113 shares of the exchange traded fund’s stock worth $2,262,000 after purchasing an additional 593 shares during the last quarter. Finally, Captrust Financial Advisors increased its position in Consumer Discretionary SPDR by 349.3% during the third quarter. Captrust Financial Advisors now owns 12,482 shares of the exchange traded fund’s stock worth $1,124,000 after purchasing an additional 9,704 shares during the last quarter.

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

Consumer Discretionary SPDR (NYSEARCA XLY) traded down $0.04 during trading on Monday, reaching $96.61. 11,780,000 shares of the company traded hands, compared to its average volume of 4,223,886. Consumer Discretionary SPDR has a 52-week low of $81.15 and a 52-week high of $97.05.

ILLEGAL ACTIVITY WARNING: This report was first posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this report on another domain, it was copied illegally and reposted in violation of U.S. and international trademark and copyright laws. The legal version of this report can be accessed at https://www.dispatchtribunal.com/2017/12/04/bbt-investment-services-inc-boosts-stake-in-consumer-discretionary-spdr-xly.html.

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.

Want to see what other hedge funds are holding XLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Consumer Discretionary SPDR (NYSEARCA:XLY).

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

Receive News & Ratings for Consumer Discretionary SPDR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Consumer Discretionary SPDR and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply