Energy Select Sector SPDR (XLE) Holdings Reduced by Chemical Bank

Chemical Bank decreased its holdings in Energy Select Sector SPDR (NYSEARCA:XLE) by 7.4% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 9,302 shares of the exchange traded fund’s stock after selling 745 shares during the period. Chemical Bank’s holdings in Energy Select Sector SPDR were worth $704,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Usca Ria LLC grew its holdings in Energy Select Sector SPDR by 10.9% in the 2nd quarter. Usca Ria LLC now owns 6,746 shares of the exchange traded fund’s stock valued at $512,000 after buying an additional 665 shares during the period. Zacks Investment Management grew its holdings in Energy Select Sector SPDR by 13.4% in the 2nd quarter. Zacks Investment Management now owns 5,935 shares of the exchange traded fund’s stock valued at $451,000 after buying an additional 701 shares during the period. Mutual Advisors LLC grew its holdings in shares of Energy Select Sector SPDR by 5.8% during the 2nd quarter. Mutual Advisors LLC now owns 12,709 shares of the exchange traded fund’s stock worth $965,000 after purchasing an additional 702 shares during the period. Windsor Capital Management LLC grew its holdings in shares of Energy Select Sector SPDR by 3.3% during the 2nd quarter. Windsor Capital Management LLC now owns 22,841 shares of the exchange traded fund’s stock worth $1,733,000 after purchasing an additional 719 shares during the period. Finally, St. Johns Investment Management Company LLC grew its holdings in shares of Energy Select Sector SPDR by 2.6% during the 2nd quarter. St. Johns Investment Management Company LLC now owns 28,242 shares of the exchange traded fund’s stock worth $2,145,000 after purchasing an additional 723 shares during the period.

Shares of NYSEARCA:XLE opened at $69.04 on Monday. Energy Select Sector SPDR has a 1 year low of $64.37 and a 1 year high of $79.42.

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About Energy Select Sector SPDR

Energy Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Energy Select Sector Index (the Index). The Index includes companies from the following industries oil, gas and consumable fuels, and energy equipment and services.

Further Reading: Why do company’s buyback their stock?

Want to see what other hedge funds are holding XLE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Energy Select Sector SPDR (NYSEARCA:XLE).

Institutional Ownership by Quarter for Energy Select Sector SPDR (NYSEARCA:XLE)

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