Biltmore Wealth Management LLC Sells 71,627 Shares of Consumer Staples Select Sect. SPDR (XLP)

Biltmore Wealth Management LLC decreased its position in shares of Consumer Staples Select Sect. SPDR (NYSEARCA:XLP) by 27.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 186,464 shares of the exchange traded fund’s stock after selling 71,627 shares during the quarter. Consumer Staples Select Sect. SPDR accounts for approximately 9.6% of Biltmore Wealth Management LLC’s investment portfolio, making the stock its 4th largest position. Biltmore Wealth Management LLC’s holdings in Consumer Staples Select Sect. SPDR were worth $10,608,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. JPMorgan Chase & Co. lifted its position 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 worth $461,385,000 after purchasing an additional 5,069,957 shares during the period. Swan Global Investments LLC lifted its position in Consumer Staples Select Sect. SPDR by 6.4% during the third quarter. Swan Global Investments LLC now owns 6,907,279 shares of the exchange traded fund’s stock worth $373,131,000 after purchasing an additional 414,681 shares during the period. Ameriprise Financial Inc. lifted its position 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 worth $112,097,000 after purchasing an additional 1,268,751 shares during the period. Harel Insurance Investments & Financial Services Ltd. lifted its position 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 worth $75,987,000 after purchasing an additional 728,823 shares during the period. Finally, Caisse DE Depot ET Placement DU Quebec lifted its position in Consumer Staples Select Sect. SPDR by 56.0% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,100,417 shares of the exchange traded fund’s stock worth $59,650,000 after purchasing an additional 395,225 shares during the period.

Consumer Staples Select Sect. SPDR (XLP) opened at $54.48 on Thursday. The company has a market capitalization of $8,070.00 and a PE ratio of 7.99. Consumer Staples Select Sect. SPDR has a 52 week low of $52.43 and a 52 week high of $58.95.

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Consumer Staples Select Sect. SPDR 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.

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

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