Bruderman Asset Management LLC increased its stake in Consumer Discretionary SPDR (NYSEARCA:XLY) by 7.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 47,285 shares of the exchange traded fund’s stock after buying an additional 3,421 shares during the period. Consumer Discretionary SPDR comprises about 1.2% of Bruderman Asset Management LLC’s investment portfolio, making the stock its 29th largest position. Bruderman Asset Management LLC’s holdings in Consumer Discretionary SPDR were worth $4,667,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently modified their holdings of the company. Acropolis Investment Management LLC bought a new stake in shares of Consumer Discretionary SPDR in the fourth quarter worth $105,000. Cerebellum GP LLC bought a new stake in shares of Consumer Discretionary SPDR in the fourth quarter worth $130,000. Hall Laurie J Trustee bought a new stake in shares of Consumer Discretionary SPDR in the fourth quarter worth $154,000. Schroder Investment Management Group increased its stake in shares of Consumer Discretionary SPDR by 72.2% in the third quarter. Schroder Investment Management Group now owns 1,860 shares of the exchange traded fund’s stock worth $167,000 after buying an additional 780 shares during the last quarter. Finally, Meeder Asset Management Inc. increased its stake in shares of Consumer Discretionary SPDR by 117.0% in the third quarter. Meeder Asset Management Inc. now owns 1,862 shares of the exchange traded fund’s stock worth $168,000 after buying an additional 1,004 shares during the last quarter.
Shares of Consumer Discretionary SPDR (XLY) opened at $104.32 on Thursday. The stock has a market cap of $12,840.00 and a price-to-earnings ratio of 13.93. Consumer Discretionary SPDR has a 12 month low of $84.16 and a 12 month high of $109.34.
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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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