Traders Buy Energy Select Sector SPDR Fund (XLE) on Weakness

Traders bought shares of Energy Select Sector SPDR Fund (NYSEARCA:XLE) on weakness during trading on Thursday. $150.28 million flowed into the stock on the tick-up and $96.26 million flowed out of the stock on the tick-down, for a money net flow of $54.02 million into the stock. Of all companies tracked, Energy Select Sector SPDR Fund had the 16th highest net in-flow for the day. Energy Select Sector SPDR Fund traded down ($1.52) for the day and closed at $68.62

A number of large investors have recently added to or reduced their stakes in the business. Usca Ria LLC increased its stake in Energy Select Sector SPDR Fund by 10.9% in the 2nd quarter. Usca Ria LLC now owns 6,746 shares of the exchange traded fund’s stock worth $512,000 after acquiring an additional 665 shares during the last quarter. Zacks Investment Management increased its position in shares of Energy Select Sector SPDR Fund by 13.4% during the 2nd quarter. Zacks Investment Management now owns 5,935 shares of the exchange traded fund’s stock valued at $451,000 after purchasing an additional 701 shares during the last quarter. Mutual Advisors LLC increased its position in shares of Energy Select Sector SPDR Fund by 5.8% during the 2nd quarter. Mutual Advisors LLC now owns 12,709 shares of the exchange traded fund’s stock valued at $965,000 after purchasing an additional 702 shares during the last quarter. Windsor Capital Management LLC increased its position in shares of Energy Select Sector SPDR Fund by 3.3% during the 2nd quarter. Windsor Capital Management LLC now owns 22,841 shares of the exchange traded fund’s stock valued at $1,733,000 after purchasing an additional 719 shares during the last quarter. Finally, St. Johns Investment Management Company LLC increased its position in shares of Energy Select Sector SPDR Fund by 2.6% during the 2nd quarter. St. Johns Investment Management Company LLC now owns 28,242 shares of the exchange traded fund’s stock valued at $2,145,000 after purchasing an additional 723 shares during the last quarter.

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About Energy Select Sector SPDR Fund (NYSEARCA:XLE)

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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