City of London Investment Management Co. Ltd. Acquires 3,800 Shares of Energy Select Sector SPDR (XLE)

City of London Investment Management Co. Ltd. lifted its holdings in Energy Select Sector SPDR (NYSEARCA:XLE) by 95.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 7,800 shares of the exchange traded fund’s stock after acquiring an additional 3,800 shares during the quarter. City of London Investment Management Co. Ltd.’s holdings in Energy Select Sector SPDR were worth $563,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Contravisory Investment Management Inc. grew its position in shares of Energy Select Sector SPDR by 71.6% in the 4th quarter. Contravisory Investment Management Inc. now owns 1,702 shares of the exchange traded fund’s stock worth $123,000 after buying an additional 710 shares during the period. BB&T Investment Services Inc. grew its position in shares of Energy Select Sector SPDR by 103.9% in the 3rd quarter. BB&T Investment Services Inc. now owns 2,117 shares of the exchange traded fund’s stock worth $146,000 after buying an additional 1,079 shares during the period. Trustcore Financial Services LLC purchased a new stake in Energy Select Sector SPDR during the 4th quarter valued at about $168,000. Patten Group Inc. grew its position in Energy Select Sector SPDR by 1,629.5% during the 3rd quarter. Patten Group Inc. now owns 51,021 shares of the exchange traded fund’s stock valued at $177,000 after purchasing an additional 48,071 shares during the last quarter. Finally, Grove Bank & Trust grew its position in Energy Select Sector SPDR by 6,582.5% during the 3rd quarter. Grove Bank & Trust now owns 2,673 shares of the exchange traded fund’s stock valued at $183,000 after purchasing an additional 2,633 shares during the last quarter.

Shares of Energy Select Sector SPDR (NYSEARCA XLE) opened at $67.75 on Wednesday. Energy Select Sector SPDR has a 1 year low of $61.80 and a 1 year high of $78.39. The company has a market cap of $17,930.00 and a PE ratio of -10.69.

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Energy Select Sector SPDR Company 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 (NYSEARCA:XLE)

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