Atria Investments LLC cut its position in shares of Utilities SPDR (NYSEARCA:XLU) by 21.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 8,092 shares of the exchange traded fund’s stock after selling 2,230 shares during the period. Atria Investments LLC’s holdings in Utilities SPDR were worth $426,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in XLU. Mainstay Capital Management LLC ADV bought a new stake in shares of Utilities SPDR during the second quarter valued at approximately $100,000. Mount Yale Investment Advisors LLC bought a new stake in Utilities SPDR in the first quarter worth $119,000. Zions Bancorporation bought a new stake in Utilities SPDR in the second quarter worth $162,000. Sei Investments Co. boosted its holdings in Utilities SPDR by 51.1% in the first quarter. Sei Investments Co. now owns 3,893 shares of the exchange traded fund’s stock worth $197,000 after acquiring an additional 1,316 shares in the last quarter. Finally, Steigerwald Gordon & Koch Inc. bought a new stake in Utilities SPDR in the second quarter worth $201,000.
Utilities SPDR stock opened at $54.57 on Friday. Utilities SPDR has a 12 month low of $47.37 and a 12 month high of $57.23.
About Utilities SPDR
Select Sector Utilities Select Sector SPDR Fund (the Fund), formerly Utilities Select Sector SPDR Fund, seeks to provide investment results that correspond to the price and yield performance of the Utilities Select Sector of the S&P 500 Index (the Index). The Index includes companies from industries, such as electric utilities, multi-utilities, independent power producers and energy traders, and gas utilities.
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