Stearns Financial Services Group boosted its stake in shares of Energy Select Sector SPDR (NYSE:XLE) by 7.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 168,223 shares of the exchange traded fund’s stock after buying an additional 11,596 shares during the period. Energy Select Sector SPDR comprises approximately 2.6% of Stearns Financial Services Group’s holdings, making the stock its 8th largest position. Stearns Financial Services Group’s holdings in Energy Select Sector SPDR were worth $10,921,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Joel Isaacson & Co. LLC raised its position in shares of Energy Select Sector SPDR by 0.3% in the second quarter. Joel Isaacson & Co. LLC now owns 4,360 shares of the exchange traded fund’s stock valued at $283,000 after buying an additional 11 shares in the last quarter. MCF Advisors LLC raised its position in shares of Energy Select Sector SPDR by 0.6% in the second quarter. MCF Advisors LLC now owns 5,075 shares of the exchange traded fund’s stock valued at $329,000 after buying an additional 29 shares in the last quarter. Financial Advisory Service Inc. raised its position in shares of Energy Select Sector SPDR by 0.6% in the second quarter. Financial Advisory Service Inc. now owns 6,582 shares of the exchange traded fund’s stock valued at $427,000 after buying an additional 38 shares in the last quarter. Country Trust Bank raised its position in shares of Energy Select Sector SPDR by 1.7% in the second quarter. Country Trust Bank now owns 2,826 shares of the exchange traded fund’s stock valued at $183,000 after buying an additional 48 shares in the last quarter. Finally, Telos Capital Management Inc. raised its position in shares of Energy Select Sector SPDR by 1.0% in the second quarter. Telos Capital Management Inc. now owns 5,991 shares of the exchange traded fund’s stock valued at $389,000 after buying an additional 62 shares in the last quarter.

Energy Select Sector SPDR (XLE) opened at 65.05 on Thursday. The company’s 50-day moving average price is $65.16 and its 200 day moving average price is $68.40. Energy Select Sector SPDR has a 52 week low of $63.29 and a 52 week high of $78.45.

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Energy Select Sector SPDR Company 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 (NYSE:XLE)

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