div > div.group > p:first-child"> The Consumer Staples Select Sector SPDR Fund, widely known by its ticker, XLP, hit a new 52-week high on Monday, a more than 18% climb from its lows in December. The move was fueled by stronger-than-expected quarterly earnings from Kleenex parent Kimberly-Clark, which could set the rest of the group up for a good week of reporting.
"I think 'new highs' is a relative term," he said Monday on CNBC's "ETF Edge.""We're only up 12, 13% in this space. This is far from the high-flying segment."
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