Consumer Discretionary SPDR (XLY) Shares Bought by M Holdings Securities Inc.

M Holdings Securities Inc. raised its position in shares of Consumer Discretionary SPDR (NYSE:XLY) by 51.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,543 shares of the exchange traded fund’s stock after acquiring an additional 3,246 shares during the period. M Holdings Securities Inc.’s holdings in Consumer Discretionary SPDR were worth $855,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of XLY. Migdal Insurance & Financial Holdings Ltd. boosted its holdings in shares of Consumer Discretionary SPDR by 96.9% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 937,048 shares of the exchange traded fund’s stock worth $83,993,000 after acquiring an additional 461,229 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of Consumer Discretionary SPDR by 34.9% during the second quarter. Ameriprise Financial Inc. now owns 1,596,729 shares of the exchange traded fund’s stock worth $143,179,000 after acquiring an additional 413,031 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Consumer Discretionary SPDR by 142.3% during the second quarter. JPMorgan Chase & Co. now owns 660,228 shares of the exchange traded fund’s stock worth $59,177,000 after acquiring an additional 387,703 shares during the period. Nippon Life Insurance Co. boosted its holdings in shares of Consumer Discretionary SPDR by 51.6% during the second quarter. Nippon Life Insurance Co. now owns 1,022,600 shares of the exchange traded fund’s stock worth $91,656,000 after acquiring an additional 348,000 shares during the period. Finally, Tudor Investment Corp ET AL bought a new stake in shares of Consumer Discretionary SPDR during the second quarter worth approximately $20,945,000.

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

Shares of Consumer Discretionary SPDR (NYSE:XLY) traded up 0.15% during midday trading on Friday, hitting $91.28. The stock had a trading volume of 872,223 shares. The stock’s 50-day moving average price is $90.30 and its 200 day moving average price is $89.90. Consumer Discretionary SPDR has a 52 week low of $76.61 and a 52 week high of $92.55.

The business also recently announced a quarterly dividend, which was paid on Monday, September 25th. Stockholders of record on Monday, September 18th were given a dividend of $0.318 per share. This is an increase from Consumer Discretionary SPDR’s previous quarterly dividend of $0.27. This represents a $1.27 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date of this dividend was Friday, September 15th.

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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 (NYSE:XLY)

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