Consumer Staples Select Sect. SPDR (XLP) Position Cut by Prudential Financial Inc.

Prudential Financial Inc. reduced its position in shares of Consumer Staples Select Sect. SPDR (NYSEARCA:XLP) by 41.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,200 shares of the exchange traded fund’s stock after selling 4,400 shares during the period. Prudential Financial Inc.’s holdings in Consumer Staples Select Sect. SPDR were worth $335,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in XLP. Tower Research Capital LLC TRC increased its position in Consumer Staples Select Sect. SPDR by 100,434.7% during the second quarter. Tower Research Capital LLC TRC now owns 552,941 shares of the exchange traded fund’s stock worth $30,379,000 after purchasing an additional 552,391 shares during the last quarter. Assetmark Inc. boosted its stake in Consumer Staples Select Sect. SPDR by 452.2% during the second quarter. Assetmark Inc. now owns 305,306 shares of the exchange traded fund’s stock worth $16,774,000 after buying an additional 250,020 shares during the period. Mizuho Trust & Banking Co. Ltd. boosted its stake in Consumer Staples Select Sect. SPDR by 126.3% during the third quarter. Mizuho Trust & Banking Co. Ltd. now owns 430,000 shares of the exchange traded fund’s stock worth $23,211,000 after buying an additional 240,000 shares during the period. Sun Life Financial INC boosted its stake in Consumer Staples Select Sect. SPDR by 983.7% during the second quarter. Sun Life Financial INC now owns 241,735 shares of the exchange traded fund’s stock worth $13,281,000 after buying an additional 219,428 shares during the period. Finally, SG Americas Securities LLC boosted its stake in Consumer Staples Select Sect. SPDR by 1,274.9% during the second quarter. SG Americas Securities LLC now owns 233,685 shares of the exchange traded fund’s stock worth $12,839,000 after buying an additional 216,689 shares during the period.

Shares of Consumer Staples Select Sect. SPDR (XLP) traded down $0.01 during mid-day trading on Tuesday, reaching $56.58. 6,737,700 shares of the company’s stock traded hands, compared to its average volume of 10,482,828. Consumer Staples Select Sect. SPDR has a one year low of $51.35 and a one year high of $57.36.

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Consumer Staples Select Sect. SPDR 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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Institutional Ownership by Quarter for Consumer Staples Select Sect. SPDR (NYSEARCA:XLP)

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