Moors & Cabot Inc. lowered its holdings in Energy Select Sector SPDR (NYSEARCA:XLE) by 33.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,130 shares of the exchange traded fund’s stock after selling 3,028 shares during the quarter. Moors & Cabot Inc.’s holdings in Energy Select Sector SPDR were worth $413,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently modified their holdings of XLE. Ford Financial Group Inc. bought a new position in Energy Select Sector SPDR in the fourth quarter worth approximately $103,000. Icon Wealth Partners LLC bought a new stake in Energy Select Sector SPDR during the 4th quarter valued at $131,000. Centaurus Financial Inc. bought a new stake in Energy Select Sector SPDR during the 1st quarter valued at $160,000. Wall Street Access Asset Management LLC purchased a new stake in shares of Energy Select Sector SPDR during the 4th quarter valued at $203,000. Finally, Keystone Financial Group purchased a new stake in shares of Energy Select Sector SPDR during the 1st quarter valued at $203,000.
NYSEARCA XLE opened at $75.94 on Friday. Energy Select Sector SPDR has a fifty-two week low of $61.80 and a fifty-two week high of $79.42.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 20th. Investors of record on Monday, June 18th were issued a $0.5124 dividend. This represents a $2.05 annualized dividend and a yield of 2.70%. This is a boost from Energy Select Sector SPDR’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend was Friday, June 15th.
Energy Select Sector SPDR Company 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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