Wedbush Securities Inc. increased its position in Utilities SPDR (NYSE:XLU) by 15.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,106 shares of the exchange traded fund’s stock after buying an additional 1,764 shares during the period. Wedbush Securities Inc.’s holdings in Utilities SPDR were worth $681,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of XLU. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD acquired a new stake in shares of Utilities SPDR during the second quarter valued at approximately $1,270,000. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD acquired a new stake in shares of Utilities SPDR during the second quarter valued at approximately $3,533,000. FineMark National Bank & Trust raised its stake in shares of Utilities SPDR by 35.2% in the second quarter. FineMark National Bank & Trust now owns 5,929 shares of the exchange traded fund’s stock valued at $308,000 after buying an additional 1,545 shares in the last quarter. Ferguson Wellman Capital Management Inc. acquired a new stake in shares of Utilities SPDR during the second quarter valued at approximately $236,000. Finally, Benjamin F. Edwards & Company Inc. raised its stake in shares of Utilities SPDR by 409.4% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 6,212 shares of the exchange traded fund’s stock valued at $323,000 after buying an additional 8,220 shares in the last quarter.

Shares of Utilities SPDR (NYSE:XLU) opened at 54.05 on Tuesday. Utilities SPDR has a one year low of $45.33 and a one year high of $54.63. The stock’s 50 day moving average price is $52.78 and its 200 day moving average price is $51.91.

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About Utilities SPDR

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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Institutional Ownership by Quarter for Utilities SPDR (NYSE:XLU)

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