Robertson Stephens Advisors LLC increased its stake in Energy Select Sector SPDR (NYSE:XLE) by 19.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 39,670 shares of the exchange traded fund’s stock after buying an additional 6,341 shares during the period. Energy Select Sector SPDR makes up 2.3% of Robertson Stephens Advisors LLC’s holdings, making the stock its 14th largest position. Robertson Stephens Advisors LLC’s holdings in Energy Select Sector SPDR were worth $2,575,000 as of its most recent filing with the SEC.
Other hedge funds also recently added to or reduced their stakes in the company. Exchange Capital Management Inc. increased its stake in Energy Select Sector SPDR by 0.6% in the second quarter. Exchange Capital Management Inc. now owns 18,829 shares of the exchange traded fund’s stock valued at $1,222,000 after buying an additional 103 shares during the period. David R. Rahn & Associates Inc. bought a new stake in Energy Select Sector SPDR during the second quarter valued at about $1,069,000. CAPROCK Group Inc. bought a new stake in Energy Select Sector SPDR during the second quarter valued at about $232,000. Honkamp Krueger Financial Services Inc. bought a new stake in Energy Select Sector SPDR during the second quarter valued at about $306,000. Finally, Country Trust Bank increased its stake in Energy Select Sector SPDR by 1.7% in the second quarter. Country Trust Bank now owns 2,826 shares of the exchange traded fund’s stock valued at $183,000 after buying an additional 48 shares during the period.
Energy Select Sector SPDR (XLE) traded up 0.69% during mid-day trading on Friday, hitting $63.15. The stock had a trading volume of 1,774,439 shares. Energy Select Sector SPDR has a 52 week low of $61.80 and a 52 week high of $78.45. The stock’s 50-day moving average is $64.65 and its 200 day moving average is $67.59.
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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.
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