Nvwm LLC Purchases 10,474 Shares of Energy Select Sector SPDR ETF $XLE

Nvwm LLC grew its position in Energy Select Sector SPDR ETF (NYSEARCA:XLE) by 110.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 19,947 shares of the exchange traded fund’s stock after acquiring an additional 10,474 shares during the period. Nvwm LLC’s holdings in Energy Select Sector SPDR ETF were worth $892,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of XLE. Cibc World Market Inc. boosted its position in shares of Energy Select Sector SPDR ETF by 436.8% in the third quarter. Cibc World Market Inc. now owns 2,060,689 shares of the exchange traded fund’s stock worth $184,102,000 after purchasing an additional 2,672,508 shares during the period. Capital Investment Advisors LLC lifted its position in shares of Energy Select Sector SPDR ETF by 1,540.9% in the fourth quarter. Capital Investment Advisors LLC now owns 1,483,398 shares of the exchange traded fund’s stock valued at $66,323,000 after acquiring an additional 1,392,995 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Energy Select Sector SPDR ETF by 52.9% in the third quarter. Envestnet Asset Management Inc. now owns 2,406,215 shares of the exchange traded fund’s stock valued at $214,971,000 after acquiring an additional 832,778 shares in the last quarter. PGIM Custom Harvest LLC purchased a new position in shares of Energy Select Sector SPDR ETF in the third quarter valued at about $71,296,000. Finally, Menora Mivtachim Holdings LTD. lifted its position in shares of Energy Select Sector SPDR ETF by 22.9% in the third quarter. Menora Mivtachim Holdings LTD. now owns 3,610,100 shares of the exchange traded fund’s stock valued at $322,526,000 after acquiring an additional 673,700 shares in the last quarter.

Energy Select Sector SPDR ETF Stock Performance

Shares of Energy Select Sector SPDR ETF stock traded down $2.72 during trading hours on Wednesday, hitting $57.44. The company’s stock had a trading volume of 31,505,922 shares, compared to its average volume of 58,403,242. The business has a 50 day moving average price of $56.35 and a two-hundred day moving average price of $49.09. Energy Select Sector SPDR ETF has a 12-month low of $37.24 and a 12-month high of $63.46. The company has a market cap of $41.04 billion, a PE ratio of 15.59 and a beta of 0.64.

Energy Select Sector SPDR ETF Profile

The Energy Select Sector SPDR ETF is a State Street exchange-traded fund that seeks to track the price and yield performance of the Energy Select Sector Index, before expenses. The index is designed to provide broad representation of the energy sector within the S&P 500, covering companies in the oil, gas and consumable fuels, and energy equipment and services industries. Component companies are selected from the S&P 500 universe based on general industry classification, and the Energy Select Sector Index is one of eleven Select Sector Indexes that together comprise all S&P 500 constituents.