Traders Sell Shares of Consumer Staples Select Sect. SPDR (NYSE:XLP) on Strength (NYSE:XLP)

Traders sold shares of Consumer Staples Select Sect. SPDR (NYSE:XLP) on strength during trading on Thursday. $43.63 million flowed into the stock on the tick-up and $143.79 million flowed out of the stock on the tick-down, for a money net flow of $100.16 million out of the stock. Of all equities tracked, Consumer Staples Select Sect. SPDR had the 0th highest net out-flow for the day. Consumer Staples Select Sect. SPDR traded up $0.54 for the day and closed at $55.81

The stock’s 50-day moving average is $55.00 and its 200-day moving average is $55.08.

Several large investors have recently modified their holdings of the company. Lyell Wealth Management LP increased its stake in Consumer Staples Select Sect. SPDR by 8.4% in the second quarter. Lyell Wealth Management LP now owns 27,860 shares of the exchange traded fund’s stock worth $1,531,000 after buying an additional 2,165 shares during the last quarter. CAPROCK Group Inc. acquired a new stake in Consumer Staples Select Sect. SPDR during the second quarter valued at about $226,000. Florin Court Capital LLP increased its stake in Consumer Staples Select Sect. SPDR by 108.4% in the second quarter. Florin Court Capital LLP now owns 213,800 shares of the exchange traded fund’s stock valued at $11,746,000 after buying an additional 111,200 shares in the last quarter. Spinnaker Trust increased its stake in Consumer Staples Select Sect. SPDR by 2.1% in the second quarter. Spinnaker Trust now owns 314,152 shares of the exchange traded fund’s stock valued at $17,260,000 after buying an additional 6,377 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in Consumer Staples Select Sect. SPDR by 5.1% in the second quarter. Janney Montgomery Scott LLC now owns 833,091 shares of the exchange traded fund’s stock valued at $45,770,000 after buying an additional 40,520 shares in the last quarter.

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About Consumer Staples Select Sect. SPDR

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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