Gabelli Funds LLC lifted its position in shares of Energy Select Sector SPDR (NYSEARCA:XLE) by 5,100.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,000 shares of the exchange traded fund’s stock after acquiring an additional 5,100 shares during the quarter. Gabelli Funds LLC’s holdings in Energy Select Sector SPDR were worth $287,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in XLE. Cordasco Financial Network acquired a new stake in shares of Energy Select Sector SPDR during the 4th quarter valued at $34,000. Arcadia Investment Management Corp MI acquired a new stake in shares of Energy Select Sector SPDR during the 4th quarter valued at $57,000. JFS Wealth Advisors LLC lifted its holdings in Energy Select Sector SPDR by 500.0% during the 4th quarter. JFS Wealth Advisors LLC now owns 1,200 shares of the exchange traded fund’s stock worth $69,000 after buying an additional 1,000 shares during the period. Truewealth LLC lifted its holdings in Energy Select Sector SPDR by 50.6% during the 4th quarter. Truewealth LLC now owns 1,220 shares of the exchange traded fund’s stock worth $70,000 after buying an additional 410 shares during the period. Finally, Fieldpoint Private Securities LLC acquired a new position in Energy Select Sector SPDR during the 3rd quarter worth about $106,000.
XLE traded up $0.30 during midday trading on Monday, hitting $63.24. 12,492,936 shares of the company were exchanged, compared to its average volume of 14,676,904. Energy Select Sector SPDR has a 1-year low of $53.36 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.
See Also: What is Net Asset Value (NAV)?
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