Energy Select Sector SPDR Fund (NYSEARCA:XLE – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $65.92 and last traded at $65.4480, with a volume of 4016230 shares changing hands. The stock had previously closed at $64.77.
Energy Select Sector SPDR Fund Trading Up 0.6%
The firm has a 50 day moving average of $59.63 and a two-hundred day moving average of $58.14. The stock has a market capitalization of $42.74 billion, a PE ratio of 15.59 and a beta of 0.43.
Institutional Investors Weigh In On Energy Select Sector SPDR Fund
A number of institutional investors and hedge funds have recently bought and sold shares of XLE. Raleigh Capital Management Inc. acquired a new position in shares of Energy Select Sector SPDR Fund in the first quarter worth $31,000. Vermillion Wealth Management Inc. lifted its holdings in Energy Select Sector SPDR Fund by 85.7% in the 4th quarter. Vermillion Wealth Management Inc. now owns 609 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 281 shares in the last quarter. Banque Cantonale Vaudoise boosted its stake in shares of Energy Select Sector SPDR Fund by 58.6% during the 4th quarter. Banque Cantonale Vaudoise now owns 617 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 228 shares during the last quarter. Godfrey Financial Associates Inc. purchased a new stake in shares of Energy Select Sector SPDR Fund during the fourth quarter worth about $28,000. Finally, Blueline Advisors LLC acquired a new position in shares of Energy Select Sector SPDR Fund in the fourth quarter valued at approximately $29,000.
Energy Select Sector SPDR Fund Company 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.
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