Ford Financial Group Inc. Invests $103,000 in Energy Select Sector SPDR (XLE)

Ford Financial Group Inc. bought a new stake in Energy Select Sector SPDR (NYSEARCA:XLE) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,375 shares of the exchange traded fund’s stock, valued at approximately $103,000.

Other institutional investors have also recently bought and sold shares of the company. Contravisory Investment Management Inc. grew its position in Energy Select Sector SPDR by 71.6% during the fourth 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 in the last quarter. BB&T Investment Services Inc. grew its position in Energy Select Sector SPDR by 103.9% during the third 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 in the last quarter. Trustcore Financial Services LLC acquired a new stake in Energy Select Sector SPDR during the fourth quarter worth approximately $168,000. Patten Group Inc. grew its position in Energy Select Sector SPDR by 1,629.5% during the third quarter. Patten Group Inc. now owns 51,021 shares of the exchange traded fund’s stock worth $177,000 after buying an additional 48,071 shares in the last quarter. Finally, Grove Bank & Trust grew its position in Energy Select Sector SPDR by 6,582.5% during the third quarter. Grove Bank & Trust now owns 2,673 shares of the exchange traded fund’s stock worth $183,000 after buying an additional 2,633 shares in the last quarter.

Shares of Energy Select Sector SPDR (XLE) opened at $68.80 on Friday. The stock has a market capitalization of $18,280.00 and a P/E ratio of -10.85. Energy Select Sector SPDR has a 12-month low of $61.80 and a 12-month high of $78.39.

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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.

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

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