Traders Sell Energy Select Sector SPDR (XLE) on Strength (XLE)

Traders sold shares of Energy Select Sector SPDR (NYSE:XLE) on strength during trading hours on Monday. $88.62 million flowed into the stock on the tick-up and $136.38 million flowed out of the stock on the tick-down, for a money net flow of $47.76 million out of the stock. Of all stocks tracked, Energy Select Sector SPDR had the 19th highest net out-flow for the day. Energy Select Sector SPDR traded up $0.61 for the day and closed at $65.01

The company’s 50-day moving average is $64.24 and its 200-day moving average is $66.87.

A number of institutional investors have recently added to or reduced their stakes in the business. Patriot Financial Group Insurance Agency LLC raised its holdings in shares of Energy Select Sector SPDR by 5.0% in the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 2,541 shares of the exchange traded fund’s stock valued at $163,000 after purchasing an additional 120 shares in the last quarter. TCI Wealth Advisors Inc. raised its holdings in shares of Energy Select Sector SPDR by 8.2% in the 2nd quarter. TCI Wealth Advisors Inc. now owns 2,651 shares of the exchange traded fund’s stock valued at $172,000 after purchasing an additional 200 shares in the last quarter. Sei Investments Co. raised its holdings in shares of Energy Select Sector SPDR by 373.3% in the 2nd quarter. Sei Investments Co. now owns 2,707 shares of the exchange traded fund’s stock valued at $176,000 after purchasing an additional 2,135 shares in the last quarter. Country Trust Bank raised its holdings in shares of Energy Select Sector SPDR by 1.7% in the 2nd quarter. Country Trust Bank now owns 2,826 shares of the exchange traded fund’s stock valued at $183,000 after purchasing an additional 48 shares in the last quarter. Finally, BDO Wealth Advisors LLC acquired a new stake in shares of Energy Select Sector SPDR in the 2nd quarter valued at $184,000.

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Energy Select Sector SPDR Company Profile

Energy Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Energy Select Sector Index (the Index). The Index includes companies from the following industries oil, gas and consumable fuels, and energy equipment and services.

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