Riverhead Capital Management LLC Acquires New Position in Utilities SPDR (XLU)

Riverhead Capital Management LLC acquired a new position in Utilities SPDR (NYSE:XLU) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 36,355 shares of the exchange traded fund’s stock, valued at approximately $1,889,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in XLU. IndexIQ Advisors LLC increased its stake in shares of Utilities SPDR by 665.2% in the second quarter. IndexIQ Advisors LLC now owns 3,604 shares of the exchange traded fund’s stock worth $188,000 after purchasing an additional 3,133 shares in the last quarter. Sei Investments Co. increased its stake in shares of Utilities SPDR by 11,337.5% in the second quarter. Sei Investments Co. now owns 3,660 shares of the exchange traded fund’s stock worth $190,000 after purchasing an additional 3,628 shares in the last quarter. Ingalls & Snyder LLC increased its stake in shares of Utilities SPDR by 0.8% in the second quarter. Ingalls & Snyder LLC now owns 4,187 shares of the exchange traded fund’s stock worth $218,000 after purchasing an additional 35 shares in the last quarter. Johnson Financial Group Inc. increased its stake in shares of Utilities SPDR by 1.9% in the second quarter. Johnson Financial Group Inc. now owns 4,271 shares of the exchange traded fund’s stock worth $222,000 after purchasing an additional 81 shares in the last quarter. Finally, CAPROCK Group Inc. purchased a new stake in shares of Utilities SPDR in the second quarter worth $229,000.

Shares of Utilities SPDR (NYSE:XLU) opened at 55.09 on Friday. The stock has a 50 day moving average of $54.46 and a 200-day moving average of $52.74. Utilities SPDR has a 52 week low of $45.33 and a 52 week high of $55.90.

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Utilities SPDR Company Profile

Select Sector Utilities Select Sector SPDR Fund (the Fund), formerly Utilities Select Sector SPDR Fund, seeks to provide investment results that correspond to the price and yield performance of the Utilities Select Sector of the S&P 500 Index (the Index). The Index includes companies from industries, such as electric utilities, multi-utilities, independent power producers and energy traders, and gas utilities.

Institutional Ownership by Quarter for Utilities SPDR (NYSE:XLU)

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