Appleton Group LLC Increases Stake in Utilities SPDR (XLU)
Appleton Group LLC raised its stake in Utilities SPDR (NYSE:XLU) by 21.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,103 shares of the exchange traded fund’s stock after buying an additional 2,673 shares during the period. Utilities SPDR accounts for approximately 0.9% of Appleton Group LLC’s portfolio, making the stock its 17th largest position. Appleton Group LLC’s holdings in Utilities SPDR were worth $785,000 as of its most recent filing with the SEC.
Several other institutional investors have also bought and sold shares of the company. Florin Court Capital LLP increased its position in Utilities SPDR by 123.3% in the second quarter. Florin Court Capital LLP now owns 259,700 shares of the exchange traded fund’s stock valued at $13,494,000 after buying an additional 143,400 shares in the last quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD acquired a new position in Utilities SPDR during the second quarter valued at $3,533,000. NGAM Advisors L.P. acquired a new position in Utilities SPDR during the second quarter valued at $2,343,000. Global X Management Co. LLC acquired a new position in Utilities SPDR during the second quarter valued at $1,359,000. Finally, Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD acquired a new position in Utilities SPDR during the second quarter valued at $1,270,000.
Utilities SPDR (NYSE XLU) opened at 54.06 on Friday. The stock has a 50 day moving average of $52.74 and a 200 day moving average of $51.78. Utilities SPDR has a 1-year low of $45.33 and a 1-year high of $54.63. Utilities SPDR also saw some unusual options trading activity on Wednesday. Stock traders purchased 17,074 call options on the company. This represents an increase of 165% compared to the typical daily volume of 6,448 call options.
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Utilities SPDR Company Profile
Select Sector Utilities Select Sector SPDR Fund (the Fund), formerly Utilities Select Sector SPDR Fund, seeks to provide investment results that correspond to the price and yield performance of the Utilities Select Sector of the S&P 500 Index (the Index). The Index includes companies from industries, such as electric utilities, multi-utilities, independent power producers and energy traders, and gas utilities.
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