Traders Buy Large Volume of Consumer Discretionary Select Sector SPDR Fund Put Options (NYSEARCA:XLY)

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) was the target of unusually large options trading activity on Thursday. Investors purchased 23,042 put options on the stock. This represents an increase of approximately 69% compared to the typical daily volume of 13,668 put options.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in XLY. Roman Butler Fullerton & Co. increased its stake in Consumer Discretionary Select Sector SPDR Fund by 20.6% in the third quarter. Roman Butler Fullerton & Co. now owns 3,468 shares of the exchange traded fund’s stock valued at $829,000 after acquiring an additional 593 shares during the period. AdvisorShares Investments LLC lifted its stake in Consumer Discretionary Select Sector SPDR Fund by 68.2% during the third quarter. AdvisorShares Investments LLC now owns 27,581 shares of the exchange traded fund’s stock worth $6,610,000 after purchasing an additional 11,181 shares during the period. Waterloo Capital L.P. boosted its holdings in Consumer Discretionary Select Sector SPDR Fund by 31.9% during the third quarter. Waterloo Capital L.P. now owns 2,173 shares of the exchange traded fund’s stock valued at $521,000 after purchasing an additional 525 shares in the last quarter. Nikulski Financial Inc. boosted its holdings in Consumer Discretionary Select Sector SPDR Fund by 61.8% during the third quarter. Nikulski Financial Inc. now owns 1,777 shares of the exchange traded fund’s stock valued at $426,000 after purchasing an additional 679 shares in the last quarter. Finally, Wellington Shields & Co. LLC bought a new stake in shares of Consumer Discretionary Select Sector SPDR Fund in the 3rd quarter valued at approximately $153,000. Institutional investors own 69.93% of the company’s stock.

Consumer Discretionary Select Sector SPDR Fund Price Performance

XLY stock traded up $0.63 on Thursday, reaching $117.36. 2,767,276 shares of the company were exchanged, compared to its average volume of 10,114,520. The firm has a market capitalization of $22.68 billion, a PE ratio of 27.10 and a beta of 1.21. Consumer Discretionary Select Sector SPDR Fund has a 12 month low of $103.86 and a 12 month high of $125.01. The stock’s fifty day moving average price is $115.84 and its 200 day moving average price is $117.35.

Consumer Discretionary Select Sector SPDR Fund 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.