Investors Sell Consumer Staples Select Sector SPDR Fund (XLP) on Strength (XLP)

Traders sold shares of Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP) on strength during trading on Monday. $44.12 million flowed into the stock on the tick-up and $84.02 million flowed out of the stock on the tick-down, for a money net flow of $39.90 million out of the stock. Of all companies tracked, Consumer Staples Select Sector SPDR Fund had the 11th highest net out-flow for the day. Consumer Staples Select Sector SPDR Fund traded up $0.22 for the day and closed at $51.95

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Morgan Stanley raised its position in Consumer Staples Select Sector SPDR Fund by 97.7% during the third quarter. Morgan Stanley now owns 8,793,926 shares of the exchange traded fund’s stock valued at $474,256,000 after purchasing an additional 4,345,012 shares in the last quarter. CHURCHILL MANAGEMENT Corp bought a new stake in Consumer Staples Select Sector SPDR Fund during the third quarter valued at $77,271,000. Kepos Capital LP boosted its position in Consumer Staples Select Sector SPDR Fund by 1,262.0% during the third 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 during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Consumer Staples Select Sector SPDR Fund by 382.9% during the third quarter. Envestnet Asset Management Inc. now owns 1,043,441 shares of the exchange traded fund’s stock valued at $56,273,000 after purchasing an additional 827,365 shares during the period. Finally, Ferguson Wellman Capital Management Inc. raised its holdings in shares of Consumer Staples Select Sector SPDR Fund by 4,374.4% during the fourth quarter. Ferguson Wellman Capital Management Inc. now owns 428,425 shares of the exchange traded fund’s stock valued at $21,755,000 after purchasing an additional 418,850 shares during the period.

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About Consumer Staples Select Sector SPDR Fund (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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