Granite Investment Advisors LLC Buys 163 Shares of Utilities SPDR (XLU)
Granite Investment Advisors LLC increased its stake in shares of Utilities SPDR (NYSE:XLU) by 3.5% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 4,787 shares of the exchange traded fund’s stock after buying an additional 163 shares during the period. Granite Investment Advisors LLC’s holdings in Utilities SPDR were worth $251,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of XLU. Sei Investments Co. boosted its stake in Utilities SPDR by 11,337.5% in the second quarter. Sei Investments Co. now owns 3,660 shares of the exchange traded fund’s stock valued at $190,000 after buying an additional 3,628 shares in the last quarter. Ingalls & Snyder LLC boosted its stake in Utilities SPDR by 0.8% in the second quarter. Ingalls & Snyder LLC now owns 4,187 shares of the exchange traded fund’s stock valued at $218,000 after buying an additional 35 shares in the last quarter. CAPROCK Group Inc. bought a new stake in Utilities SPDR during the second quarter valued at approximately $229,000. Ferguson Wellman Capital Management Inc. bought a new stake in Utilities SPDR during the second quarter valued at approximately $236,000. Finally, Endurance Wealth Management Inc. boosted its stake in Utilities SPDR by 7.3% in the second quarter. Endurance Wealth Management Inc. now owns 5,655 shares of the exchange traded fund’s stock valued at $294,000 after buying an additional 387 shares in the last quarter.
Shares of Utilities SPDR (NYSE:XLU) opened at 53.74 on Friday. Utilities SPDR has a 12-month low of $45.33 and a 12-month high of $54.63. The company has a 50 day moving average price of $52.75 and a 200 day moving average price of $51.82. Utilities SPDR also saw some unusual options trading on Wednesday. Stock investors acquired 17,074 call options on the stock. This represents an increase of 165% compared to the typical 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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