Dowling & Yahnke LLC reduced its position in Utilities SPDR (NYSE:XLU) by 0.9% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 67,355 shares of the exchange traded fund’s stock after selling 580 shares during the period. Dowling & Yahnke LLC’s holdings in Utilities SPDR were worth $3,500,000 as of its most recent filing with the SEC.
Several other institutional investors have also recently modified their holdings of the company. Wrapmanager Inc. boosted its position in shares of Utilities SPDR by 33.3% in the second quarter. Wrapmanager Inc. now owns 5,438 shares of the exchange traded fund’s stock worth $283,000 after buying an additional 1,357 shares in the last quarter. Pinnacle Financial Partners Inc. purchased a new position in shares of Utilities SPDR during the second quarter worth about $1,144,000. Bingham Osborn & Scarborough LLC boosted its position in shares of Utilities SPDR by 9.4% in the second quarter. Bingham Osborn & Scarborough LLC now owns 17,218 shares of the exchange traded fund’s stock worth $895,000 after buying an additional 1,486 shares in the last quarter. Abbrea Capital LLC boosted its position in shares of Utilities SPDR by 8.3% in the second quarter. Abbrea Capital LLC now owns 9,414 shares of the exchange traded fund’s stock worth $489,000 after buying an additional 725 shares in the last quarter. Finally, Wedbush Securities Inc. boosted its position in shares of Utilities SPDR by 15.6% in the second quarter. Wedbush Securities Inc. now owns 13,106 shares of the exchange traded fund’s stock worth $681,000 after buying an additional 1,764 shares in the last quarter.
Utilities SPDR (NYSE XLU) opened at 54.05 on Tuesday. Utilities SPDR has a one year low of $45.33 and a one year high of $54.63. The company has a 50 day moving average price of $52.78 and a 200-day moving average price of $51.91.
Utilities SPDR Company Profile
Select Sector Utilities Select Sector SPDR Fund (the Fund), formerly Utilities Select Sector SPDR Fund, seeks to provide investment results that correspond to the price and yield performance of the Utilities Select Sector of the S&P 500 Index (the Index). The Index includes companies from industries, such as electric utilities, multi-utilities, independent power producers and energy traders, and gas utilities.
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