Advantage Investment Management LLC Has $695,000 Stake in Consumer Discretionary SPDR (XLY)

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

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Fernwood Investment Management LLC boosted its stake in Consumer Discretionary SPDR by 1.9% in the 2nd quarter. Fernwood Investment Management LLC now owns 2,682 shares of the exchange traded fund’s stock worth $240,000 after purchasing an additional 50 shares during the period. California Capital Advisors Inc. boosted its stake in shares of Consumer Discretionary SPDR by 1.5% during the 2nd quarter. California Capital Advisors Inc. now owns 4,819 shares of the exchange traded fund’s stock worth $432,000 after buying an additional 69 shares during the last quarter. IHT Wealth Management LLC boosted its stake in shares of Consumer Discretionary SPDR by 0.9% during the 2nd quarter. IHT Wealth Management LLC now owns 8,466 shares of the exchange traded fund’s stock worth $1,061,000 after buying an additional 76 shares during the last quarter. San Francisco Sentry Investment Group CA boosted its stake in shares of Consumer Discretionary SPDR by 1.9% during the 2nd quarter. San Francisco Sentry Investment Group CA now owns 4,536 shares of the exchange traded fund’s stock worth $407,000 after buying an additional 85 shares during the last quarter. Finally, Merriman Wealth Management LLC boosted its stake in shares of Consumer Discretionary SPDR by 3.1% during the 2nd quarter. Merriman Wealth Management LLC now owns 2,846 shares of the exchange traded fund’s stock worth $255,000 after buying an additional 85 shares during the last quarter.

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

Consumer Discretionary SPDR (XLY) traded up $0.35 during mid-day trading on Thursday, hitting $97.93. 3,452,800 shares of the stock traded hands, compared to its average volume of 4,246,749. Consumer Discretionary SPDR has a 12-month low of $81.15 and a 12-month high of $98.37.

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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.

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

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