Consumer Staples Select Sect. SPDR (NYSEARCA:XLP) was the recipient of a large increase in short interest in December. As of December 29th, there was short interest totalling 38,989,549 shares, an increase of 6.2% from the December 15th total of 36,697,572 shares. Based on an average daily trading volume, of 7,461,068 shares, the short-interest ratio is currently 5.2 days.

Shares of Consumer Staples Select Sect. SPDR (XLP) opened at $56.65 on Tuesday. The stock has a market capitalization of $8,360.00 and a P/E ratio of 8.31. Consumer Staples Select Sect. SPDR has a 12 month low of $51.39 and a 12 month high of $57.36.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 26th. Investors of record on Monday, December 18th were paid a dividend of $0.4177 per share. This represents a $1.67 annualized dividend and a yield of 2.95%. The ex-dividend date was Friday, December 15th. This is an increase from Consumer Staples Select Sect. SPDR’s previous quarterly dividend of $0.35. Consumer Staples Select Sect. SPDR’s dividend payout ratio (DPR) is 21.85%.

Institutional investors and hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. raised its stake in Consumer Staples Select Sect. SPDR by 146.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,541,009 shares of the exchange traded fund’s stock valued at $461,385,000 after purchasing an additional 5,069,957 shares during the period. AGF Investments Inc. raised its stake in Consumer Staples Select Sect. SPDR by 22.7% during the 3rd quarter. AGF Investments Inc. now owns 739,908 shares of the exchange traded fund’s stock valued at $39,940,000 after purchasing an additional 136,734 shares during the period. Cohen & Steers Inc. bought a new stake in Consumer Staples Select Sect. SPDR in the 3rd quarter worth approximately $2,384,000. Patten Group Inc. increased its stake in Consumer Staples Select Sect. SPDR by 1,985.9% in the 3rd quarter. Patten Group Inc. now owns 105,860 shares of the exchange traded fund’s stock worth $271,000 after acquiring an additional 100,785 shares during the last quarter. Finally, BB&T Investment Services Inc. bought a new stake in Consumer Staples Select Sect. SPDR in the 2nd quarter worth approximately $1,617,000.

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Consumer Staples Select Sect. SPDR Company 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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