Parkside Investments LLC Buys New Stake in Energy Select Sector SPDR (XLE)

Parkside Investments LLC bought a new stake in Energy Select Sector SPDR (NYSEARCA:XLE) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 5,495 shares of the exchange traded fund’s stock, valued at approximately $315,000.

A number of other institutional investors have also recently modified their holdings of XLE. Morgan Stanley increased its position in Energy Select Sector SPDR by 12.2% in the 3rd quarter. Morgan Stanley now owns 11,701,493 shares of the exchange traded fund’s stock valued at $886,270,000 after buying an additional 1,267,761 shares in the last quarter. Rehmann Capital Advisory Group increased its holdings in Energy Select Sector SPDR by 5,802.5% during the 3rd quarter. Rehmann Capital Advisory Group now owns 912,002 shares of the exchange traded fund’s stock worth $4,128,150,000 after purchasing an additional 896,551 shares in the last quarter. Mizuho Bank Ltd. bought a new stake in Energy Select Sector SPDR during the 3rd quarter worth approximately $49,231,000. JPMorgan Chase & Co. increased its holdings in Energy Select Sector SPDR by 19.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,625,097 shares of the exchange traded fund’s stock worth $274,565,000 after purchasing an additional 594,481 shares in the last quarter. Finally, AMP Capital Investors Ltd bought a new stake in Energy Select Sector SPDR during the 3rd quarter worth approximately $39,145,000.

XLE traded up $0.30 during midday trading on Monday, reaching $63.24. 12,492,936 shares of the company were exchanged, compared to its average volume of 14,676,904. Energy Select Sector SPDR has a one year low of $53.36 and a one year high of $79.42.

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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.

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

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