Parallel Advisors LLC cut its stake in Energy Select Sector SPDR ETF (NYSEARCA:XLE) by 8.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,725 shares of the exchange traded fund’s stock after selling 811 shares during the period. Parallel Advisors LLC’s holdings in Energy Select Sector SPDR ETF were worth $604,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in XLE. Grove Bank & Trust grew its position in Energy Select Sector SPDR ETF by 6,582.5% in the third quarter. Grove Bank & Trust now owns 2,673 shares of the exchange traded fund’s stock worth $183,000 after acquiring an additional 2,633 shares in the last quarter. Dorsey & Whitney Trust CO LLC purchased a new position in Energy Select Sector SPDR ETF in the third quarter worth $203,000. Sii Investments Inc. WI grew its position in Energy Select Sector SPDR ETF by 23.8% in the third quarter. Sii Investments Inc. WI now owns 13,989 shares of the exchange traded fund’s stock worth $955,000 after acquiring an additional 2,687 shares in the last quarter. Equity Investment Corp purchased a new position in Energy Select Sector SPDR ETF in the third quarter worth $1,270,000. Finally, SCS Capital Management LLC purchased a new position in Energy Select Sector SPDR ETF in the third quarter worth $14,184,000.

Energy Select Sector SPDR ETF (NYSEARCA:XLE) traded up $0.50 during midday trading on Tuesday, reaching $69.78. 11,316,701 shares of the company’s stock traded hands, compared to its average volume of 13,902,983. Energy Select Sector SPDR ETF has a twelve month low of $61.80 and a twelve month high of $78.45.

ILLEGAL ACTIVITY WARNING: “Parallel Advisors LLC Cuts Position in Energy Select Sector SPDR ETF (XLE)” was reported by Watch List News and is owned by of Watch List News. If you are viewing this report on another domain, it was illegally stolen and republished in violation of US & international trademark & copyright laws. The legal version of this report can be accessed at https://www.watchlistnews.com/parallel-advisors-llc-cuts-position-in-energy-select-sector-spdr-etf-xle/1759866.html.

About Energy Select Sector SPDR ETF

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.

Want to see what other hedge funds are holding XLE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Energy Select Sector SPDR ETF (NYSEARCA:XLE).

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

Receive News & Ratings for Energy Select Sector SPDR ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energy Select Sector SPDR ETF and related companies with Analyst Ratings Network's FREE daily email newsletter.