Consumer Discretionary SPDR (XLY) Stake Lessened by Advantage Investment Management LLC

Advantage Investment Management LLC lessened its stake in Consumer Discretionary SPDR (NYSEARCA:XLY) by 29.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,710 shares of the exchange traded fund’s stock after selling 3,235 shares during the quarter. Advantage Investment Management LLC’s holdings in Consumer Discretionary SPDR were worth $695,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently bought and sold shares of XLY. Ingalls & Snyder LLC raised its position in shares of Consumer Discretionary SPDR by 50.6% in the 2nd quarter. Ingalls & Snyder LLC now owns 9,877 shares of the exchange traded fund’s stock worth $885,000 after purchasing an additional 3,318 shares during the last quarter. Texas Permanent School Fund purchased a new position in shares of Consumer Discretionary SPDR in the 2nd quarter worth about $2,555,000. IFP Advisors Inc raised its position in shares of Consumer Discretionary SPDR by 43.0% in the 2nd quarter. IFP Advisors Inc now owns 40,886 shares of the exchange traded fund’s stock worth $3,665,000 after purchasing an additional 12,299 shares during the last quarter. Endurance Wealth Management Inc. raised its position in shares of Consumer Discretionary SPDR by 8.1% in the 2nd quarter. Endurance Wealth Management Inc. now owns 3,069 shares of the exchange traded fund’s stock worth $275,000 after purchasing an additional 231 shares during the last quarter. Finally, HL Financial Services LLC raised its position in shares of Consumer Discretionary SPDR by 1.7% in the 2nd quarter. HL Financial Services LLC now owns 51,998 shares of the exchange traded fund’s stock worth $4,661,000 after purchasing an additional 877 shares during the last quarter.

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

Consumer Discretionary SPDR (XLY) traded down $0.45 during midday trading on Tuesday, reaching $97.29. The company had a trading volume of 6,772,900 shares, compared to its average volume of 4,234,826. Consumer Discretionary SPDR has a 52 week low of $81.15 and a 52 week high of $98.37.

TRADEMARK VIOLATION NOTICE: “Consumer Discretionary SPDR (XLY) Stake Lessened by Advantage Investment Management LLC” was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this report on another website, it was copied illegally and reposted in violation of US & international trademark & copyright laws. The correct version of this report can be read at https://www.dispatchtribunal.com/2017/12/05/consumer-discretionary-spdr-xly-stake-lessened-by-advantage-investment-management-llc.html.

Consumer Discretionary SPDR 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