Flows Coverage: The Net Inflows Of Consumer Discretionary SPDR (ETF) Point to $-331.29M Redemptions After -3.46% AUM Decrease

Flows Coverage: The Net Inflows Of Consumer Discretionary SPDR (ETF) Point to $ 331.29M Redemptions After  3.46% AUM Decrease

Today were released Consumer Discretionary SPDR (ETF) (NYSEARCA:XLY)‘s weekly net flows. The ETF registered $-331.29M weekly asset outflows for -3.46% decrease, reaching $9248.25M last week. The chart of Consumer Discretionary SPDR (ETF) shows negative weekly setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The ETF decreased 0.45% or $0.36 on October 7, hitting $79.74. Consumer Discretionary SPDR (ETF) (NYSEARCA:XLY) has risen 4.39% since March 7, 2016 and is uptrending. It has underperformed by 3.21% the S&P500.

The ETF’s YTD performance is 3.58%, the 1 year is 9.48% and the 3 year is 11.31%.

The ETF’s average P/E ratio is 19.12, the price to book is 4.66, the price to sales is 1.48 and the price to cashflow is 10.58. Consumer Discretionary SPDR (ETF) is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: Amazon.com Inc. for 13.99% of assets, Comcast Corporation for 6.77%, Home Depot Inc. (The) Common S for 6.75%, Walt Disney Company (The) Commo for 5.83%, McDonald’s Corporation Common S for 4.18%, Starbucks Corporation for 3.37%, The Priceline Group Inc. for 3.09%, Nike Inc. Common Stock for 3.01%, Lowe’s Companies Inc. Common S for 2.68%, Time Warner Inc. New Common Sto for 2.63%. The ETF sector weights are: Consumer Cyclical 83.80%, Consumer Defensive 4.32%, Communication Services 11.07%, Technology 0.80%. The ETF currently as 0% yield.

More notable recent Consumer Discretionary SPDR (ETF) (NYSEARCA:XLY) news were published by: Seekingalpha.com which released: “Valuation Dashboard: Consumer Discretionary – Update” on October 05, 2016, also Seekingalpha.com with their article: “The Consumer Discretionary Sector Is Overvalued” published on September 21, 2016, Nasdaq.com published: “The Zacks Analyst Blog Highlights: Financial Select Sector SPDR ETF …” on September 13, 2016. More interesting news about Consumer Discretionary SPDR (ETF) (NYSEARCA:XLY) were released by: Etfdb.com and their article: “Consumer Discretionary Talk with the Head of Research for SPDR ETFs and SSGA Funds” published on December 02, 2015 as well as Benzinga.com‘s news article titled: “Oil’s Surprising Impact On Sectors, ETFs” with publication date: August 22, 2016.

XLY Company Profile

Consumer Discretionary Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond to the price and yield performance of the Consumer Discretionary Select Sector of the S&P 500 Index (the Index). The Index includes companies from industries, such as automobiles and components, consumer durables, apparel, hotels, restaurants, leisure, media and retailing.

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