Two Sigma Advisers LP bought a new position in Energy Select Sector SPDR (NYSEARCA:XLE) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 628,166 shares of the exchange traded fund’s stock, valued at approximately $45,391,000. Two Sigma Advisers LP owned about 0.24% of Energy Select Sector SPDR at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. Lockheed Martin Investment Management Co. raised its position in shares of Energy Select Sector SPDR by 15.9% during the 4th quarter. Lockheed Martin Investment Management Co. now owns 2,830,954 shares of the exchange traded fund’s stock valued at $204,565,000 after purchasing an additional 389,185 shares during the period. W. E. Donoghue & Co. LLC bought a new stake in shares of Energy Select Sector SPDR during the 4th quarter valued at $24,965,000. Wealthfront Inc. raised its position in shares of Energy Select Sector SPDR by 14.4% during the 4th quarter. Wealthfront Inc. now owns 2,539,940 shares of the exchange traded fund’s stock valued at $183,536,000 after purchasing an additional 320,634 shares during the period. First Republic Investment Management Inc. raised its position in shares of Energy Select Sector SPDR by 32.9% during the 4th quarter. First Republic Investment Management Inc. now owns 918,625 shares of the exchange traded fund’s stock valued at $66,380,000 after purchasing an additional 227,158 shares during the period. Finally, Renaissance Technologies LLC bought a new stake in shares of Energy Select Sector SPDR during the 4th quarter valued at $15,955,000.
NYSEARCA XLE traded down $1.24 on Friday, reaching $67.35. The company had a trading volume of 18,883,891 shares, compared to its average volume of 16,192,174. Energy Select Sector SPDR has a 12 month low of $61.80 and a 12 month high of $78.39.
The company also recently declared a quarterly dividend, which was paid on Wednesday, March 21st. Investors of record on Monday, March 19th were paid a dividend of $0.4748 per share. The ex-dividend date of this dividend was Friday, March 16th. This is a boost from Energy Select Sector SPDR’s previous quarterly dividend of $0.46. This represents a $1.90 dividend on an annualized basis and a dividend yield of 2.82%.
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About Energy Select Sector SPDR
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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