CIBC World Markets Inc. bought a new position in shares of Consumer Discretionary SPDR (NYSEARCA:XLY) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 29,912 shares of the exchange traded fund’s stock, valued at approximately $2,952,000.
Several other hedge funds have also modified their holdings of XLY. San Francisco Sentry Investment Group CA increased its stake in Consumer Discretionary SPDR by 20.7% in the 3rd quarter. San Francisco Sentry Investment Group CA now owns 5,475 shares of the exchange traded fund’s stock valued at $493,000 after purchasing an additional 939 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Consumer Discretionary SPDR by 138.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,575,851 shares of the exchange traded fund’s stock valued at $141,417,000 after purchasing an additional 915,623 shares in the last quarter. Allianz Asset Management GmbH increased its stake in Consumer Discretionary SPDR by 35.7% in the 3rd quarter. Allianz Asset Management GmbH now owns 60,903 shares of the exchange traded fund’s stock valued at $5,486,000 after purchasing an additional 16,008 shares in the last quarter. Valeo Financial Advisors LLC purchased a new position in Consumer Discretionary SPDR in the 3rd quarter valued at approximately $288,000. Finally, Tower Research Capital LLC TRC purchased a new position in Consumer Discretionary SPDR in the 2nd quarter valued at approximately $17,162,000.
Consumer Discretionary SPDR (NYSEARCA:XLY) traded up $0.67 during midday trading on Friday, reaching $100.83. The company had a trading volume of 4,860,000 shares. Consumer Discretionary SPDR has a 12-month low of $85.29 and a 12-month high of $109.34. The stock has a market cap of $12,540.00 and a P/E ratio of 13.46.
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About Consumer Discretionary SPDR
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.
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