Energy Select Sector SPDR ETF $XLE Shares Purchased by IMZ Advisory Inc

IMZ Advisory Inc increased its stake in shares of Energy Select Sector SPDR ETF (NYSEARCA:XLE) by 118.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 112,060 shares of the exchange traded fund’s stock after purchasing an additional 60,807 shares during the quarter. Energy Select Sector SPDR ETF accounts for approximately 1.8% of IMZ Advisory Inc’s holdings, making the stock its 12th biggest position. IMZ Advisory Inc’s holdings in Energy Select Sector SPDR ETF were worth $5,010,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its holdings in shares of Energy Select Sector SPDR ETF by 6.1% during the third quarter. JPMorgan Chase & Co. now owns 9,868,997 shares of the exchange traded fund’s stock worth $881,696,000 after purchasing an additional 564,058 shares during the period. Menora Mivtachim Holdings LTD. lifted its holdings in shares of Energy Select Sector SPDR ETF by 22.9% during the third quarter. Menora Mivtachim Holdings LTD. now owns 3,610,100 shares of the exchange traded fund’s stock worth $322,526,000 after purchasing an additional 673,700 shares during the period. Hamilton Capital LLC lifted its holdings in shares of Energy Select Sector SPDR ETF by 5.9% during the second quarter. Hamilton Capital LLC now owns 3,547,173 shares of the exchange traded fund’s stock worth $300,836,000 after purchasing an additional 197,154 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of Energy Select Sector SPDR ETF by 16.4% during the second quarter. Ameriprise Financial Inc. now owns 3,294,493 shares of the exchange traded fund’s stock worth $279,420,000 after purchasing an additional 464,816 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in 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 during the period.

Energy Select Sector SPDR ETF Stock Performance

Energy Select Sector SPDR ETF stock traded down $2.72 during midday trading on Wednesday, reaching $57.44. The company’s stock had a trading volume of 31,505,922 shares, compared to its average volume of 58,403,242. Energy Select Sector SPDR ETF has a fifty-two week low of $37.24 and a fifty-two week high of $63.46. The stock’s 50 day simple moving average is $56.35 and its 200 day simple moving average is $49.09. The firm has a market capitalization of $41.04 billion, a PE ratio of 15.59 and a beta of 0.64.

About Energy Select Sector SPDR ETF

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.