IndexIQ Advisors LLC raised its stake in shares of Energy Select Sector SPDR (NYSEARCA:XLE) by 551.9% during the 4th quarter, HoldingsChannel reports. The firm owned 79,103 shares of the exchange traded fund’s stock after acquiring an additional 66,969 shares during the quarter. IndexIQ Advisors LLC’s holdings in Energy Select Sector SPDR were worth $4,536,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of XLE. Morgan Stanley lifted its stake in shares of Energy Select Sector SPDR by 12.2% in the third quarter. Morgan Stanley now owns 11,701,493 shares of the exchange traded fund’s stock worth $886,270,000 after buying an additional 1,267,761 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Energy Select Sector SPDR by 19.6% in the third quarter. JPMorgan Chase & Co. now owns 3,625,097 shares of the exchange traded fund’s stock worth $274,565,000 after buying an additional 594,481 shares in the last quarter. Lockheed Martin Investment Management Co. lifted its stake in shares of Energy Select Sector SPDR by 16.8% in the fourth quarter. Lockheed Martin Investment Management Co. now owns 3,571,621 shares of the exchange traded fund’s stock worth $204,832,000 after buying an additional 513,067 shares in the last quarter. TD Asset Management Inc. lifted its stake in shares of Energy Select Sector SPDR by 10.8% in the third quarter. TD Asset Management Inc. now owns 2,020,300 shares of the exchange traded fund’s stock worth $153,018,000 after buying an additional 197,300 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its stake in shares of Energy Select Sector SPDR by 1.7% in the third quarter. Alliancebernstein L.P. now owns 1,450,417 shares of the exchange traded fund’s stock worth $109,855,000 after buying an additional 24,227 shares in the last quarter.

Shares of NYSEARCA:XLE traded up $0.30 during midday trading on Monday, hitting $63.24. The company’s stock had a trading volume of 12,492,936 shares, compared to its average volume of 14,676,904. Energy Select Sector SPDR has a 12-month low of $53.36 and a 12-month high of $79.42.

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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.

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

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