Destination Wealth Management Acquires 1,860 Shares of Consumer Staples Select Sect. SPDR (XLP)

Destination Wealth Management increased its holdings in Consumer Staples Select Sect. SPDR (NYSEARCA:XLP) by 2.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 78,459 shares of the exchange traded fund’s stock after purchasing an additional 1,860 shares during the period. Destination Wealth Management’s holdings in Consumer Staples Select Sect. SPDR were worth $4,464,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of XLP. JPMorgan Chase & Co. boosted its holdings in Consumer Staples Select Sect. SPDR by 146.1% during the third quarter. JPMorgan Chase & Co. now owns 8,541,009 shares of the exchange traded fund’s stock valued at $461,385,000 after acquiring an additional 5,069,957 shares during the period. Ameriprise Financial Inc. boosted its holdings in Consumer Staples Select Sect. SPDR by 157.1% during the third quarter. Ameriprise Financial Inc. now owns 2,076,127 shares of the exchange traded fund’s stock valued at $112,097,000 after acquiring an additional 1,268,751 shares during the period. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in Consumer Staples Select Sect. SPDR by 120.1% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,335,689 shares of the exchange traded fund’s stock valued at $75,987,000 after acquiring an additional 728,823 shares during the period. Cowen Inc. boosted its holdings in Consumer Staples Select Sect. SPDR by 200.0% during the third quarter. Cowen Inc. now owns 303,800 shares of the exchange traded fund’s stock valued at $16,399,000 after acquiring an additional 607,600 shares during the period. Finally, SG Americas Securities LLC boosted its holdings in Consumer Staples Select Sect. SPDR by 201.2% during the third quarter. SG Americas Securities LLC now owns 703,972 shares of the exchange traded fund’s stock valued at $38,000,000 after acquiring an additional 470,287 shares during the period.

Shares of Consumer Staples Select Sect. SPDR (NYSEARCA:XLP) opened at $55.60 on Monday. Consumer Staples Select Sect. SPDR has a fifty-two week low of $52.43 and a fifty-two week high of $58.95. The stock has a market cap of $7,650.00 and a PE ratio of 8.15.

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

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