Planning Directions Inc. Acquires New Stake in Consumer Staples Select Sect. SPDR (XLP)

Planning Directions Inc. acquired a new stake in shares of Consumer Staples Select Sect. SPDR (NYSEARCA:XLP) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 37,668 shares of the exchange traded fund’s stock, valued at approximately $1,982,000. Consumer Staples Select Sect. SPDR comprises 1.9% of Planning Directions Inc.’s investment portfolio, making the stock its 11th biggest holding.

A number of other hedge funds have also added to or reduced their stakes in the business. Joel Isaacson & Co. LLC lifted its position in Consumer Staples Select Sect. SPDR by 21.3% during the fourth quarter. Joel Isaacson & Co. LLC now owns 5,140 shares of the exchange traded fund’s stock valued at $292,000 after purchasing an additional 904 shares during the last quarter. Baird Financial Group Inc. lifted its position in Consumer Staples Select Sect. SPDR by 6.2% during the fourth quarter. Baird Financial Group Inc. now owns 18,450 shares of the exchange traded fund’s stock valued at $1,050,000 after purchasing an additional 1,074 shares during the last quarter. Lucas Capital Management lifted its position in Consumer Staples Select Sect. SPDR by 29.0% during the fourth quarter. Lucas Capital Management now owns 4,895 shares of the exchange traded fund’s stock valued at $278,000 after purchasing an additional 1,100 shares during the last quarter. HL Financial Services LLC lifted its position in Consumer Staples Select Sect. SPDR by 19.9% during the fourth quarter. HL Financial Services LLC now owns 7,318 shares of the exchange traded fund’s stock valued at $416,000 after purchasing an additional 1,215 shares during the last quarter. Finally, Weatherstone Capital Management lifted its position in Consumer Staples Select Sect. SPDR by 10.5% during the fourth quarter. Weatherstone Capital Management now owns 12,804 shares of the exchange traded fund’s stock valued at $728,000 after purchasing an additional 1,220 shares during the last quarter.

Shares of XLP opened at $49.66 on Wednesday. Consumer Staples Select Sect. SPDR has a twelve month low of $48.76 and a twelve month high of $58.95.

About Consumer Staples Select Sect. SPDR

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.

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

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