PNC Financial Services Group Inc. trimmed its stake in shares of Energy Select Sector SPDR (NYSE:XLE) by 3.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 447,784 shares of the exchange traded fund’s stock after selling 16,830 shares during the period. PNC Financial Services Group Inc.’s holdings in Energy Select Sector SPDR were worth $29,069,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. SSI Investment Management Inc. lifted its position in shares of Energy Select Sector SPDR by 7.5% during the 2nd quarter. SSI Investment Management Inc. now owns 20,587 shares of the exchange traded fund’s stock valued at $1,336,000 after acquiring an additional 1,435 shares during the period. KCM Investment Advisors LLC lifted its position in shares of Energy Select Sector SPDR by 6.2% during the 2nd quarter. KCM Investment Advisors LLC now owns 226,687 shares of the exchange traded fund’s stock valued at $14,717,000 after acquiring an additional 13,227 shares during the period. Tiverton Asset Management LLC raised its position in shares of Energy Select Sector SPDR by 7.1% during the 2nd quarter. Tiverton Asset Management LLC now owns 316,654 shares of the exchange traded fund’s stock worth $20,557,000 after purchasing an additional 20,870 shares during the last quarter. TCI Wealth Advisors Inc. raised its position in shares of Energy Select Sector SPDR by 8.2% during the 2nd quarter. TCI Wealth Advisors Inc. now owns 2,651 shares of the exchange traded fund’s stock worth $172,000 after purchasing an additional 200 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of Energy Select Sector SPDR by 4.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,097,283 shares of the exchange traded fund’s stock worth $71,057,000 after purchasing an additional 48,229 shares during the last quarter.

Shares of Energy Select Sector SPDR (XLE) traded up 0.35% on Tuesday, hitting $66.35. The company had a trading volume of 1,042,027 shares. The company has a 50-day moving average of $64.27 and a 200 day moving average of $66.61. Energy Select Sector SPDR has a 12 month low of $61.80 and a 12 month high of $78.45.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 25th. Stockholders of record on Monday, September 18th will be issued a $0.8654 dividend. The ex-dividend date of this dividend is Friday, September 15th. This is a boost from Energy Select Sector SPDR’s previous quarterly dividend of $0.45. This represents a $3.46 annualized dividend and a dividend yield of 5.24%.

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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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