ETF Flows Don’t Lie: Consumer Discretionary SPDR (ETF) Recorded $-96.13M Redemptions After -1.04% AUM Decrease


ETF Flows Don't Lie: Consumer Discretionary SPDR (ETF) Recorded $ 96.13M Redemptions After  1.04% AUM Decrease

Today were reported Consumer Discretionary SPDR (ETF) (NYSEARCA:XLY)‘s daily net flows. The ETF registered $-96.13M asset outflows for -1.04% decrease, reaching $9156.91M after yestarday’s trading session. The chart of Consumer Discretionary SPDR (ETF) shows negative short-term 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 increased 0.16% or $0.13 on October 10, hitting $79.87. It is down 5.38% since March 8, 2016 and is uptrending. It has underperformed by 3.93% 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: 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: which released: “September Saw Positive Retail Surprises” on October 11, 2016, also with their article: “Valuation Dashboard: Consumer Discretionary – Update” published on October 05, 2016, published: “The Consumer Discretionary Sector Is Overvalued” on September 21, 2016. More interesting news about Consumer Discretionary SPDR (ETF) (NYSEARCA:XLY) were released by: and their article: “The Zacks Analyst Blog Highlights: Financial Select Sector SPDR ETF …” published on September 13, 2016 as well as‘s news article titled: “Consumer stocks are flashing a warning about the US economy” with publication date: October 10, 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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