Financial Enhancement Group LLC Buys New Holdings in Utilities SPDR (NYSEARCA:XLU)

Financial Enhancement Group LLC acquired a new stake in Utilities SPDR (NYSEARCA:XLU) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 7,208 shares of the exchange traded fund’s stock, valued at approximately $382,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in XLU. Swan Global Investments LLC raised its holdings in shares of Utilities SPDR by 6.2% during the third quarter. Swan Global Investments LLC now owns 7,262,061 shares of the exchange traded fund’s stock worth $385,543,000 after acquiring an additional 421,127 shares during the period. TD Asset Management Inc. raised its holdings in shares of Utilities SPDR by 273.3% during the third quarter. TD Asset Management Inc. now owns 2,400,000 shares of the exchange traded fund’s stock worth $127,320,000 after acquiring an additional 1,757,000 shares during the period. Mizuho Trust & Banking Co. Ltd. raised its holdings in shares of Utilities SPDR by 820.0% during the second quarter. Mizuho Trust & Banking Co. Ltd. now owns 920,000 shares of the exchange traded fund’s stock worth $47,803,000 after acquiring an additional 820,000 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Utilities SPDR by 11.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 442,533 shares of the exchange traded fund’s stock worth $22,995,000 after acquiring an additional 45,655 shares during the period. Finally, BlueCrest Capital Management Ltd grew its position in Utilities SPDR by 1,107.6% in the second quarter. BlueCrest Capital Management Ltd now owns 337,323 shares of the exchange traded fund’s stock valued at $17,527,000 after purchasing an additional 309,390 shares in the last quarter.

Utilities SPDR (XLU) traded up $0.28 during trading on Wednesday, reaching $55.66. 19,875,900 shares of the company were exchanged, compared to its average volume of 12,036,938. Utilities SPDR has a 1-year low of $46.66 and a 1-year high of $57.23.

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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.

Institutional Ownership by Quarter for Utilities SPDR (NYSEARCA:XLU)

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