Energy Select Sector SPDR Fund (NYSEARCA:XLE – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $49.05 and last traded at $48.7330, with a volume of 15047931 shares changing hands. The stock had previously closed at $47.60.
Energy Select Sector SPDR Fund Price Performance
The stock has a fifty day moving average of $45.46 and a 200 day moving average of $44.43. The stock has a market cap of $29.91 billion, a price-to-earnings ratio of 15.59 and a beta of 0.77.
Institutional Investors Weigh In On Energy Select Sector SPDR Fund
Institutional investors and hedge funds have recently modified their holdings of the company. Future Financial Wealth Managment LLC grew its stake in Energy Select Sector SPDR Fund by 98.1% during the 4th quarter. Future Financial Wealth Managment LLC now owns 5,344 shares of the exchange traded fund’s stock worth $254,000 after buying an additional 2,647 shares during the last quarter. First United Bank & Trust grew its holdings in Energy Select Sector SPDR Fund by 70.3% during the 4th quarter. First United Bank & Trust now owns 1,202 shares of the exchange traded fund’s stock worth $54,000 after acquiring an additional 496 shares in the last quarter. Bank of Stockton raised its stake in Energy Select Sector SPDR Fund by 90.5% during the 4th quarter. Bank of Stockton now owns 7,224 shares of the exchange traded fund’s stock valued at $323,000 after acquiring an additional 3,432 shares in the last quarter. Apella Capital LLC purchased a new stake in shares of Energy Select Sector SPDR Fund during the fourth quarter valued at $293,000. Finally, Aaron Wealth Advisors LLC grew its holdings in shares of Energy Select Sector SPDR Fund by 100.0% during the 4th quarter. Aaron Wealth Advisors LLC now owns 5,398 shares of the exchange traded fund’s stock valued at $241,000 after acquiring an additional 2,699 shares in the last quarter.
About Energy Select Sector SPDR Fund
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. The Fund’s investment advisor is SSgA Funds Management, Inc
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