Raymond James Financial Services Advisors Inc. Has $25.51 Million Position in Consumer Discretionary SPDR (XLY)

Raymond James Financial Services Advisors Inc. lessened its stake in shares of Consumer Discretionary SPDR (NYSEARCA:XLY) by 10.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 283,135 shares of the exchange traded fund’s stock after selling 32,755 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Consumer Discretionary SPDR were worth $25,505,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Ballentine Partners LLC raised its position in Consumer Discretionary SPDR by 24.9% in the 2nd quarter. Ballentine Partners LLC now owns 1,659 shares of the exchange traded fund’s stock valued at $152,000 after purchasing an additional 331 shares during the last quarter. Carroll Financial Associates Inc. raised its position in Consumer Discretionary SPDR by 61.0% in the 2nd quarter. Carroll Financial Associates Inc. now owns 1,702 shares of the exchange traded fund’s stock valued at $152,000 after purchasing an additional 645 shares during the last quarter. Signet Financial Management LLC bought a new position in Consumer Discretionary SPDR in the 2nd quarter valued at $157,000. Meeder Asset Management Inc. raised its position in Consumer Discretionary SPDR by 117.0% in the 3rd quarter. Meeder Asset Management Inc. now owns 1,862 shares of the exchange traded fund’s stock valued at $168,000 after purchasing an additional 1,004 shares during the last quarter. Finally, McAdam LLC bought a new position in Consumer Discretionary SPDR in the 2nd quarter valued at $202,000.

Consumer Discretionary SPDR (NYSEARCA XLY) opened at $93.54 on Friday. Consumer Discretionary SPDR has a 52-week low of $81.10 and a 52-week high of $93.69.

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

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Consumer Discretionary SPDR Company 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.

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Institutional Ownership by Quarter for Consumer Discretionary SPDR (NYSEARCA:XLY)

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