Traders Buy Shares of Consumer Staples Select Sect. SPDR (XLP) on Weakness

Investors purchased shares of Consumer Staples Select Sect. SPDR (NYSE:XLP) on weakness during trading hours on Thursday. $102.87 million flowed into the stock on the tick-up and $46.77 million flowed out of the stock on the tick-down, for a money net flow of $56.10 million into the stock. Of all equities tracked, Consumer Staples Select Sect. SPDR had the 9th highest net in-flow for the day. Consumer Staples Select Sect. SPDR traded down ($0.52) for the day and closed at $54.08

The company’s 50 day moving average price is $55.19 and its 200 day moving average price is $55.28.

The company also recently announced a quarterly dividend, which will be paid on Monday, September 25th. Stockholders of record on Monday, September 18th will be paid a $0.346 dividend. The ex-dividend date of this dividend is Friday, September 15th. This represents a $1.38 annualized dividend and a dividend yield of 2.57%.

Hedge funds and other institutional investors have recently bought and sold shares of the company. U S Global Investors Inc. bought a new stake in shares of Consumer Staples Select Sect. SPDR in the 2nd quarter worth $192,000. L & S Advisors Inc bought a new stake in shares of Consumer Staples Select Sect. SPDR in the 2nd quarter worth $205,000. Mutual of Omaha Bank Wealth Management bought a new stake in shares of Consumer Staples Select Sect. SPDR in the 2nd quarter worth $207,000. Lucas Capital Management grew its stake in shares of Consumer Staples Select Sect. SPDR by 2.6% in the 2nd quarter. Lucas Capital Management now owns 3,995 shares of the exchange traded fund’s stock worth $219,000 after acquiring an additional 100 shares in the last quarter. Finally, Sei Investments Co. grew its stake in shares of Consumer Staples Select Sect. SPDR by 1,374.1% in the 2nd quarter. Sei Investments Co. now owns 4,039 shares of the exchange traded fund’s stock worth $222,000 after acquiring an additional 3,765 shares in the last quarter.

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Consumer Staples Select Sect. SPDR Company Profile

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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