Traders Sell Shares of Consumer Staples Select Sector SPDR Fund (XLP) on Strength (XLP)

Traders sold shares of Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP) on strength during trading hours on Monday. $30.32 million flowed into the stock on the tick-up and $65.54 million flowed out of the stock on the tick-down, for a money net flow of $35.22 million out of the stock. Of all stocks tracked, Consumer Staples Select Sector SPDR Fund had the 30th highest net out-flow for the day. Consumer Staples Select Sector SPDR Fund traded up $0.20 for the day and closed at $54.96

Several hedge funds and other institutional investors have recently added to or reduced their stakes in XLP. Lincoln National Corp boosted its position in shares of Consumer Staples Select Sector SPDR Fund by 164.7% during the 1st quarter. Lincoln National Corp now owns 11,378 shares of the exchange traded fund’s stock valued at $598,000 after purchasing an additional 7,080 shares in the last quarter. Private Advisor Group LLC boosted its position in shares of Consumer Staples Select Sector SPDR Fund by 33.1% during the 1st quarter. Private Advisor Group LLC now owns 56,136 shares of the exchange traded fund’s stock valued at $2,954,000 after purchasing an additional 13,952 shares in the last quarter. 6 Meridian boosted its position in shares of Consumer Staples Select Sector SPDR Fund by 6.9% during the 1st quarter. 6 Meridian now owns 32,881 shares of the exchange traded fund’s stock valued at $1,731,000 after purchasing an additional 2,132 shares in the last quarter. Cetera Advisors LLC boosted its position in shares of Consumer Staples Select Sector SPDR Fund by 1.3% during the 1st quarter. Cetera Advisors LLC now owns 123,526 shares of the exchange traded fund’s stock valued at $6,502,000 after purchasing an additional 1,615 shares in the last quarter. Finally, Planning Directions Inc. bought a new stake in shares of Consumer Staples Select Sector SPDR Fund during the 1st quarter valued at about $1,982,000.

About Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP)

Consumer Staples Select Sector SPDR Fund (the Fund) seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Consumer Staples Select Sector Index (the Index).The Fund typically invests in substantially all of the securities represented in the Index in approximately the same proportions as the Index.

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