Boston Research & Management Inc. cut its stake in shares of Energy Select Sector SPDR (NYSE:XLE) by 3.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,630 shares of the exchange traded fund’s stock after selling 150 shares during the period. Boston Research & Management Inc.’s holdings in Energy Select Sector SPDR were worth $300,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the stock. Stratos Wealth Partners LTD. increased its stake in Energy Select Sector SPDR by 24.7% in the second quarter. Stratos Wealth Partners LTD. now owns 79,053 shares of the exchange traded fund’s stock valued at $5,132,000 after buying an additional 15,647 shares during the period. Lucas Capital Management increased its stake in Energy Select Sector SPDR by 122.5% in the second quarter. Lucas Capital Management now owns 7,220 shares of the exchange traded fund’s stock valued at $469,000 after buying an additional 3,975 shares during the period. Telos Capital Management Inc. increased its stake in 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 during the period. Exchange Capital Management Inc. increased its stake in Energy Select Sector SPDR by 0.6% in the second quarter. Exchange Capital Management Inc. now owns 18,829 shares of the exchange traded fund’s stock valued at $1,222,000 after buying an additional 103 shares during the period. Finally, Oaktop Capital Management II L.P. bought a new stake in Energy Select Sector SPDR during the second quarter valued at $6,492,000.

Energy Select Sector SPDR (NYSE XLE) traded down 0.51% during midday trading on Wednesday, reaching $62.32. 1,138,091 shares of the company’s stock traded hands. The company’s 50-day moving average price is $64.62 and its 200-day moving average price is $67.52. Energy Select Sector SPDR has a 52-week low of $61.80 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.

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

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