Lockheed Martin Investment Management Co. Sells 496,500 Shares of Consumer Staples Select Sect. SPDR (XLP)

Lockheed Martin Investment Management Co. cut its holdings in shares of Consumer Staples Select Sect. SPDR (NYSE:XLP) by 25.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,442,300 shares of the exchange traded fund’s stock after selling 496,500 shares during the quarter. Consumer Staples Select Sect. SPDR makes up approximately 4.1% of Lockheed Martin Investment Management Co.’s portfolio, making the stock its 9th largest holding. Lockheed Martin Investment Management Co. owned 0.98% of Consumer Staples Select Sect. SPDR worth $77,855,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. U S Global Investors Inc. purchased a new stake in Consumer Staples Select Sect. SPDR during the second quarter valued at about $192,000. L & S Advisors Inc purchased a new stake in Consumer Staples Select Sect. SPDR during the second quarter valued at about $205,000. Mutual of Omaha Bank Wealth Management purchased a new stake in Consumer Staples Select Sect. SPDR during the second quarter valued at about $207,000. Lucas Capital Management lifted its holdings in Consumer Staples Select Sect. SPDR by 2.6% during the second quarter. Lucas Capital Management now owns 3,995 shares of the exchange traded fund’s stock valued at $219,000 after purchasing an additional 100 shares during the last quarter. Finally, Sei Investments Co. lifted its holdings in Consumer Staples Select Sect. SPDR by 1,374.1% during the second quarter. Sei Investments Co. now owns 4,039 shares of the exchange traded fund’s stock valued at $222,000 after purchasing an additional 3,765 shares during the last quarter.

Consumer Staples Select Sect. SPDR (XLP) traded up $0.10 during midday trading on Tuesday, reaching $54.69. 2,430,178 shares of the company’s stock traded hands. Consumer Staples Select Sect. SPDR has a 1-year low of $49.98 and a 1-year high of $57.36.

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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 (NYSE:XLP)

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