Mosaic Family Wealth LLC bought a new position in shares of Energy Select Sector SPDR (NYSEARCA:XLE) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 4,828 shares of the exchange traded fund’s stock, valued at approximately $349,000.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Ford Financial Group Inc. acquired a new position in Energy Select Sector SPDR in the fourth quarter valued at $103,000. Contravisory Investment Management Inc. raised its holdings in shares of Energy Select Sector SPDR by 71.6% during the fourth quarter. Contravisory Investment Management Inc. now owns 1,702 shares of the exchange traded fund’s stock valued at $123,000 after purchasing an additional 710 shares during the period. Icon Wealth Partners LLC bought a new stake in shares of Energy Select Sector SPDR during the fourth quarter worth about $131,000. BB&T Investment Services Inc. increased its position in shares of Energy Select Sector SPDR by 103.9% during the third quarter. BB&T Investment Services Inc. now owns 2,117 shares of the exchange traded fund’s stock worth $146,000 after acquiring an additional 1,079 shares in the last quarter. Finally, Trustcore Financial Services LLC bought a new stake in shares of Energy Select Sector SPDR during the fourth quarter worth about $168,000.
Energy Select Sector SPDR (XLE) traded down $0.38 on Wednesday, reaching $67.54. 2,290,000 shares of the company’s stock were exchanged. The stock has a market capitalization of $17,420.00 and a PE ratio of -10.65. Energy Select Sector SPDR has a 52-week low of $61.80 and a 52-week high of $78.39.
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Energy Select Sector SPDR Profile
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.
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