Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $80.33 and traded as high as $82.47. Consumer Staples Select Sector SPDR Fund shares last traded at $81.63, with a volume of 6,494,881 shares traded.

Consumer Staples Select Sector SPDR Fund Stock Performance

The company’s 50-day moving average price is $81.51 and its 200 day moving average price is $80.33. The stock has a market capitalization of $15.37 billion, a P/E ratio of 25.58 and a beta of 0.45.

Institutional Investors Weigh In On Consumer Staples Select Sector SPDR Fund

Institutional investors and hedge funds have recently bought and sold shares of the business. Healthcare of Ontario Pension Plan Trust Fund raised its position in shares of Consumer Staples Select Sector SPDR Fund by 46.9% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 4,700,000 shares of the exchange traded fund’s stock valued at $359,926,000 after buying an additional 1,500,000 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Consumer Staples Select Sector SPDR Fund by 4.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,917,222 shares of the exchange traded fund’s stock worth $299,981,000 after purchasing an additional 164,539 shares in the last quarter. Raymond James & Associates boosted its holdings in shares of Consumer Staples Select Sector SPDR Fund by 18.1% during the 3rd quarter. Raymond James & Associates now owns 3,382,300 shares of the exchange traded fund’s stock valued at $280,731,000 after purchasing an additional 518,661 shares during the last quarter. LPL Financial LLC grew its position in shares of Consumer Staples Select Sector SPDR Fund by 12.7% during the third quarter. LPL Financial LLC now owns 3,369,766 shares of the exchange traded fund’s stock valued at $279,691,000 after purchasing an additional 380,681 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in shares of Consumer Staples Select Sector SPDR Fund by 22.9% in the third quarter. Janney Montgomery Scott LLC now owns 2,614,128 shares of the exchange traded fund’s stock worth $216,973,000 after purchasing an additional 487,443 shares during the last quarter.

Consumer Staples Select Sector SPDR Fund 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.