BB&T Securities LLC cut its stake in shares of Energy Select Sector SPDR (NYSEARCA:XLE) by 10.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 87,553 shares of the exchange traded fund’s stock after selling 10,625 shares during the period. BB&T Securities LLC’s holdings in Energy Select Sector SPDR were worth $6,647,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Daiwa Securities Group Inc. raised its position in shares of Energy Select Sector SPDR by 26.0% in the first quarter. Daiwa Securities Group Inc. now owns 6,300 shares of the exchange traded fund’s stock valued at $425,000 after buying an additional 1,300 shares in the last quarter. Prudential Financial Inc. raised its position in shares of Energy Select Sector SPDR by 2,972.1% in the first quarter. Prudential Financial Inc. now owns 252,830 shares of the exchange traded fund’s stock valued at $17,044,000 after buying an additional 244,600 shares in the last quarter. Eaton Vance Management raised its position in shares of Energy Select Sector SPDR by 12.7% in the first quarter. Eaton Vance Management now owns 15,170 shares of the exchange traded fund’s stock valued at $1,023,000 after buying an additional 1,715 shares in the last quarter. Centaurus Financial Inc. acquired a new stake in shares of Energy Select Sector SPDR in the first quarter valued at approximately $160,000. Finally, Madden Advisory Services Inc. raised its position in shares of Energy Select Sector SPDR by 3.4% in the first quarter. Madden Advisory Services Inc. now owns 57,646 shares of the exchange traded fund’s stock valued at $3,885,000 after buying an additional 1,916 shares in the last quarter.

XLE traded up $0.03 during trading on Thursday, hitting $73.87. 11,037,400 shares of the stock traded hands, compared to its average volume of 14,657,861. Energy Select Sector SPDR has a twelve month low of $64.45 and a twelve month high of $79.42.

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.

See Also: Book Value Per Share – BVPS

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

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