Lockheed Martin Investment Management Co. lowered its stake in Financial Select Sector SPDR ETF (NYSE:XLF) by 3.4% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,328,142 shares of the exchange traded fund’s stock after selling 151,398 shares during the quarter. Financial Select Sector SPDR ETF accounts for approximately 5.9% of Lockheed Martin Investment Management Co.’s portfolio, making the stock its 5th largest position. Lockheed Martin Investment Management Co. owned approximately 0.39% of Financial Select Sector SPDR ETF worth $111,926,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. LeJeune Puetz Investment Counsel LLC bought a new stake in Financial Select Sector SPDR ETF during the 3rd quarter valued at $102,000. Advisors Preferred LLC bought a new stake in Financial Select Sector SPDR ETF during the 3rd quarter valued at $109,000. Wetherby Asset Management Inc. bought a new stake in Financial Select Sector SPDR ETF during the 2nd quarter valued at $200,000. Calamos Wealth Management LLC bought a new stake in Financial Select Sector SPDR ETF during the 2nd quarter valued at $204,000. Finally, Stack Financial Management Inc bought a new stake in Financial Select Sector SPDR ETF during the 3rd quarter valued at $211,000.

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Shares of Financial Select Sector SPDR ETF (NYSE XLF) traded down $0.05 during mid-day trading on Tuesday, reaching $26.07. 28,525,231 shares of the company’s stock were exchanged. Financial Select Sector SPDR ETF has a fifty-two week low of $21.40 and a fifty-two week high of $26.93.

Financial Select Sector SPDR ETF Company Profile

The Fund seeks to provide investors with a low-cost passive approach for investing in a portfolio of equity securities of firms as represented by the Financial Select Sector Index.

Institutional Ownership by Quarter for Financial Select Sector SPDR ETF (NYSE:XLF)

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