In the Lutheran Liturgical tradition, the Words of Institution have a consecretory character to them, as seen in the following words of Luther:
For, God be praised, in our churches we can show a Christian a true Christian mass according to the ordinance and institution of Christ, as well as according to the true intention of Christ and the church. There our pastor, bishop, or minister in the pastoral office, rightly and honorably and publicly called, having been previously consecrated, anointed, and born in baptism as a priest of Christ, without regard to the private chrism, goes before the altar. Publicly and plainly he sings what Christ has ordained and instituted in the Lord’s Supper. He takes the bread and wine, gives thanks, distributes and gives them to the rest of us who are there and want to receive them, on the strength of the words of Christ: “This is my body, this is my blood. Do this,” etc. Particularly we who want to receive the sacrament kneel beside, behind, and around him, many, woman, young, old, master, servant, wife, maid, parents, and children, even as God brings us together there, all of us true, holy priests, sanctified by Christ’s blood, anointed by the Holy Spirit, and consecrated in baptism. On the basis of this our inborn, hereditary priestly honor and attire we are present, have, as Revelation 4:4 pictures it, our golden crowns on our heads, harps and golden censers in our hands; and we let our pastor say what Christ has ordained, not for himself as though it were for his person, but he is the mouth for all of us and we all speak the word with him from the heart and in faith, directed to the Lamb of God who is present for us and among us, and who according to his ordinance nourishes us with his body and blood. This is our mass, and it is the true mass which is not lacking among us.”
Quoted in Lutheran Worship: History and Practice, (St. Louis: CPH, 1993), pp. 426-427.