ETF Flows: The Net Inflows Of Consumer Discretionary SPDR (ETF) Point to $-295.33M Redemptions Due To -3.23% AUM Decrease

ETF Flows: The Net Inflows Of Consumer Discretionary SPDR (ETF) Point to $ 295.33M Redemptions Due To  3.23% AUM Decrease

Today were released Consumer Discretionary SPDR (ETF) (NYSEARCA:XLY)‘s weekly net flows. The ETF registered $-295.33M weekly asset outflows for -3.23% decrease, reaching $8853.83M 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 0.20% or $0.15 on November 4, hitting $76.73. Consumer Discretionary SPDR (ETF) (NYSEARCA:XLY) has declined 2.45% since April 4, 2016 and is downtrending. It has underperformed by 4.41% the S&P500.

The ETF’s YTD performance is 1.07%, the 1 year is -2.02% and the 3 year is 8.77%.

The ETF’s average P/E ratio is 18.85, the price to book is 4.54, the price to sales is 1.45 and the price to cashflow is 10.26. 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 13.51% of assets, Home Depot Inc. (The) Common S for 6.55%, Comcast Corporation for 6.46%, Walt Disney Company (The) Commo for 5.96%, McDonald’s Corporation Common S for 4.18%, Starbucks Corporation for 3.38%, The Priceline Group Inc. for 3.17%, Time Warner Inc. New Common Sto for 3.01%, Nike Inc. Common Stock for 2.94%, Lowe’s Companies Inc. Common S for 2.53%. The ETF sector weights are: Consumer Cyclical 83.71%, Consumer Defensive 4.29%, Communication Services 11.18%, Technology 0.82%. 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: “ETF Preview: ETFs, Futures Lower as U.S. Nonfarm Payrolls Miss Expectations …” on November 04, 2016. More interesting news about Consumer Discretionary SPDR (ETF) (NYSEARCA:XLY) were released by: Benzinga.com and their article: “Oil’s Surprising Impact On Sectors, ETFs” published on August 22, 2016 as well as Seekingalpha.com‘s news article titled: “Managing Risk In The Consumer Discretionary Sector” with publication date: August 19, 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment