Traders Buy Consumer Staples Select Sector SPDR Fund (XLP) on Weakness

Traders bought shares of Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP) on weakness during trading hours on Thursday. $119.32 million flowed into the stock on the tick-up and $70.68 million flowed out of the stock on the tick-down, for a money net flow of $48.64 million into the stock. Of all equities tracked, Consumer Staples Select Sector SPDR Fund had the 14th highest net in-flow for the day. Consumer Staples Select Sector SPDR Fund traded down ($0.44) for the day and closed at $54.60

Large investors have recently made changes to their positions in the business. Morgan Stanley grew its holdings in shares of Consumer Staples Select Sector SPDR Fund by 97.7% during the 3rd quarter. Morgan Stanley now owns 8,793,926 shares of the exchange traded fund’s stock valued at $474,256,000 after acquiring an additional 4,345,012 shares in the last quarter. CHURCHILL MANAGEMENT Corp purchased a new position in shares of Consumer Staples Select Sector SPDR Fund during the 3rd quarter valued at $77,271,000. Kepos Capital LP grew its holdings in shares of Consumer Staples Select Sector SPDR Fund by 1,262.0% during the 3rd quarter. Kepos Capital LP now owns 979,670 shares of the exchange traded fund’s stock valued at $52,834,000 after acquiring an additional 907,740 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Consumer Staples Select Sector SPDR Fund by 382.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,043,441 shares of the exchange traded fund’s stock valued at $56,273,000 after acquiring an additional 827,365 shares in the last quarter. Finally, AGF Investments Inc. grew its holdings in shares of Consumer Staples Select Sector SPDR Fund by 101.1% during the 2nd quarter. AGF Investments Inc. now owns 1,014,928 shares of the exchange traded fund’s stock valued at $52,299,000 after acquiring an additional 510,220 shares in the last quarter.

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Consumer Staples Select Sector SPDR Fund Company Profile (NYSEARCA:XLP)

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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