Florida Trust Wealth Management Co Grows Stock Holdings in Energy Select Sector SPDR ETF $XLE

Florida Trust Wealth Management Co boosted its holdings in shares of Energy Select Sector SPDR ETF (NYSEARCA:XLE) by 102.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,624 shares of the exchange traded fund’s stock after purchasing an additional 10,432 shares during the quarter. Florida Trust Wealth Management Co’s holdings in Energy Select Sector SPDR ETF were worth $922,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Wagner Wealth Management LLC boosted its stake in shares of Energy Select Sector SPDR ETF by 270.3% during the 3rd quarter. Wagner Wealth Management LLC now owns 274 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 200 shares during the period. ORG Wealth Partners LLC grew its holdings in Energy Select Sector SPDR ETF by 100.0% during the 4th quarter. ORG Wealth Partners LLC now owns 568 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 284 shares during the last quarter. Holos Integrated Wealth LLC bought a new position in Energy Select Sector SPDR ETF during the 4th quarter valued at about $26,000. GoalVest Advisory LLC grew its holdings in Energy Select Sector SPDR ETF by 72.2% during the 3rd quarter. GoalVest Advisory LLC now owns 365 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 153 shares during the last quarter. Finally, Roble Belko & Company Inc grew its holdings in Energy Select Sector SPDR ETF by 92.6% during the 3rd quarter. Roble Belko & Company Inc now owns 366 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 176 shares during the last quarter.

Energy Select Sector SPDR ETF Stock Down 4.5%

NYSEARCA:XLE traded down $2.72 during mid-day trading on Wednesday, hitting $57.44. 31,505,922 shares of the stock traded hands, compared to its average volume of 58,403,242. The stock has a market capitalization of $41.04 billion, a price-to-earnings ratio of 15.59 and a beta of 0.64. Energy Select Sector SPDR ETF has a 52 week low of $37.24 and a 52 week high of $63.46. The firm’s 50 day moving average is $56.35 and its two-hundred day moving average is $49.09.

About Energy Select Sector SPDR ETF

The Energy Select Sector SPDR ETF is a State Street exchange-traded fund that seeks to track the price and yield performance of the Energy Select Sector Index, before expenses. The index is designed to provide broad representation of the energy sector within the S&P 500, covering companies in the oil, gas and consumable fuels, and energy equipment and services industries. Component companies are selected from the S&P 500 universe based on general industry classification, and the Energy Select Sector Index is one of eleven Select Sector Indexes that together comprise all S&P 500 constituents.