Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP) Hits New 1-Year High at $82.20

Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $82.20 and last traded at $82.15, with a volume of 497553 shares. The stock had previously closed at $81.18.

Consumer Staples Select Sector SPDR Fund Stock Up 0.8 %

The business has a 50 day moving average price of $77.98 and a 200 day moving average price of $76.37. The stock has a market cap of $15.42 billion, a PE ratio of 25.58 and a beta of 0.45.

Institutional Investors Weigh In On Consumer Staples Select Sector SPDR Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wetzel Investment Advisors Inc. purchased a new position in shares of Consumer Staples Select Sector SPDR Fund during the fourth quarter worth $26,000. Spartan Planning & Wealth Management purchased a new position in shares of Consumer Staples Select Sector SPDR Fund during the fourth quarter worth $27,000. American National Bank purchased a new position in shares of Consumer Staples Select Sector SPDR Fund during the second quarter worth $30,000. EverSource Wealth Advisors LLC boosted its position in shares of Consumer Staples Select Sector SPDR Fund by 69.7% during the first quarter. EverSource Wealth Advisors LLC now owns 414 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 170 shares during the period. Finally, Versant Capital Management Inc purchased a new position in shares of Consumer Staples Select Sector SPDR Fund during the second quarter worth $33,000.

Consumer Staples Select Sector SPDR Fund Company 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.