Energy Select Sector SPDR (XLE) Shares Sold by Archford Capital Strategies LLC

Archford Capital Strategies LLC decreased its position in Energy Select Sector SPDR (NYSE:XLE) by 76.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 7,729 shares of the exchange traded fund’s stock after selling 24,513 shares during the period. Archford Capital Strategies LLC’s holdings in Energy Select Sector SPDR were worth $1,336,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Patriot Financial Group Insurance Agency LLC grew its holdings in shares of Energy Select Sector SPDR by 5.0% in the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 2,541 shares of the exchange traded fund’s stock valued at $163,000 after buying an additional 120 shares during the period. TCI Wealth Advisors Inc. grew its holdings in shares of Energy Select Sector SPDR by 8.2% in the 2nd quarter. TCI Wealth Advisors Inc. now owns 2,651 shares of the exchange traded fund’s stock valued at $172,000 after buying an additional 200 shares during the period. Sei Investments Co. grew its holdings in shares of Energy Select Sector SPDR by 373.3% in the 2nd quarter. Sei Investments Co. now owns 2,707 shares of the exchange traded fund’s stock valued at $176,000 after buying an additional 2,135 shares during the period. Country Trust Bank grew its holdings in shares of Energy Select Sector SPDR by 1.7% in the 2nd 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. Finally, BDO Wealth Advisors LLC acquired a new position in shares of Energy Select Sector SPDR in the 2nd quarter valued at $184,000.

Shares of Energy Select Sector SPDR (XLE) traded down 0.06% during trading on Friday, hitting $68.14. 8,893,702 shares of the stock traded hands. Energy Select Sector SPDR has a 1-year low of $61.80 and a 1-year high of $78.45. The firm has a 50-day moving average of $66.48 and a 200-day moving average of $66.37.

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 25th. Stockholders of record on Monday, September 18th were given a dividend of $0.8654 per share. The ex-dividend date was Friday, September 15th. This is a boost from Energy Select Sector SPDR’s previous quarterly dividend of $0.45. This represents a $3.46 annualized dividend and a dividend yield of 5.08%.

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Energy Select Sector SPDR Profile

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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Institutional Ownership by Quarter for Energy Select Sector SPDR (NYSE:XLE)

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