Energy Select Sector SPDR ETF $XLE Shares Acquired by Forbes J M & Co. LLP

Forbes J M & Co. LLP raised its holdings in shares of Energy Select Sector SPDR ETF (NYSEARCA:XLE) by 102.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 766,392 shares of the exchange traded fund’s stock after acquiring an additional 386,976 shares during the quarter. Energy Select Sector SPDR ETF makes up 2.8% of Forbes J M & Co. LLP’s investment portfolio, making the stock its 8th biggest holding. Forbes J M & Co. LLP owned about 0.12% of Energy Select Sector SPDR ETF worth $34,265,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. JPMorgan Chase & Co. boosted its position in shares of Energy Select Sector SPDR ETF by 6.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,868,997 shares of the exchange traded fund’s stock worth $881,696,000 after acquiring an additional 564,058 shares in the last quarter. Menora Mivtachim Holdings LTD. boosted its position in shares of Energy Select Sector SPDR ETF by 22.9% during the 3rd quarter. Menora Mivtachim Holdings LTD. now owns 3,610,100 shares of the exchange traded fund’s stock worth $322,526,000 after acquiring an additional 673,700 shares in the last quarter. Hamilton Capital LLC boosted its position in shares of Energy Select Sector SPDR ETF by 5.9% during the 2nd quarter. Hamilton Capital LLC now owns 3,547,173 shares of the exchange traded fund’s stock worth $300,836,000 after acquiring an additional 197,154 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Energy Select Sector SPDR ETF by 16.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,294,493 shares of the exchange traded fund’s stock worth $279,420,000 after acquiring an additional 464,816 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of Energy Select Sector SPDR ETF by 52.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,406,215 shares of the exchange traded fund’s stock worth $214,971,000 after acquiring an additional 832,778 shares in the last quarter.

Energy Select Sector SPDR ETF Stock Performance

NYSEARCA:XLE opened at $58.05 on Thursday. The stock has a 50-day simple moving average of $56.51 and a 200-day simple moving average of $49.15. The stock has a market cap of $41.47 billion, a P/E ratio of 15.59 and a beta of 0.64. Energy Select Sector SPDR ETF has a 1 year low of $37.24 and a 1 year high of $63.46.

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.