Energy Select Sector SPDR (XLE) Shares Bought by Hollencrest Capital Management

Hollencrest Capital Management lifted its stake in Energy Select Sector SPDR (NYSEARCA:XLE) by 22.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,402 shares of the exchange traded fund’s stock after buying an additional 2,119 shares during the quarter. Hollencrest Capital Management’s holdings in Energy Select Sector SPDR were worth $824,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its stake in Energy Select Sector SPDR by 17.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 385,213 shares of the exchange traded fund’s stock valued at $26,378,000 after purchasing an additional 57,977 shares during the period. Oppenheimer Asset Management Inc. purchased a new position in Energy Select Sector SPDR during the 3rd quarter valued at $282,000. Crow Point Partners LLC boosted its holdings in Energy Select Sector SPDR by 72.9% during the 4th quarter. Crow Point Partners LLC now owns 12,835 shares of the exchange traded fund’s stock valued at $930,000 after acquiring an additional 5,412 shares during the period. Allianz Asset Management GmbH purchased a new position in Energy Select Sector SPDR during the 3rd quarter valued at $479,000. Finally, Green Square Capital LLC boosted its holdings in Energy Select Sector SPDR by 231.1% during the 3rd quarter. Green Square Capital LLC now owns 14,362 shares of the exchange traded fund’s stock valued at $984,000 after acquiring an additional 10,024 shares during the period.

Shares of Energy Select Sector SPDR (NYSEARCA:XLE) traded down $0.05 during midday trading on Friday, reaching $66.67. The company’s stock had a trading volume of 5,860,000 shares. The company has a market cap of $17,690.00 and a price-to-earnings ratio of -10.52. Energy Select Sector SPDR has a 1-year low of $61.80 and a 1-year high of $78.39.

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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.

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

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