R. G. Niederhoffer Capital Management Inc. bought a new stake in Utilities SPDR (NYSE:XLU) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 4,900 shares of the exchange traded fund’s stock, valued at approximately $260,000. Utilities SPDR accounts for about 1.7% of R. G. Niederhoffer Capital Management Inc.’s holdings, making the stock its 26th biggest holding.
Other institutional investors also recently made changes to their positions in the company. Captrust Financial Advisors bought a new stake in shares of Utilities SPDR during the 2nd quarter valued at approximately $120,000. D.A. Davidson & CO. grew its holdings in shares of Utilities SPDR by 9.6% during the 2nd quarter. D.A. Davidson & CO. now owns 2,693 shares of the exchange traded fund’s stock valued at $139,000 after purchasing an additional 235 shares during the last quarter. WFG Advisors LP grew its holdings in shares of Utilities SPDR by 18.5% during the 2nd quarter. WFG Advisors LP now owns 3,037 shares of the exchange traded fund’s stock valued at $158,000 after purchasing an additional 475 shares during the last quarter. BB&T Investment Services Inc. bought a new stake in shares of Utilities SPDR during the 2nd quarter valued at approximately $176,000. Finally, Bristlecone Advisors LLC bought a new stake in shares of Utilities SPDR during the 3rd quarter valued at approximately $186,000.
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Shares of Utilities SPDR (XLU) traded down $0.26 during trading on Friday, hitting $55.51. 11,036,800 shares of the company traded hands. Utilities SPDR has a 12 month low of $45.33 and a 12 month high of $55.90.
Utilities SPDR 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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