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

Forbes J M & Co. LLP lifted its position in Energy Select Sector SPDR ETF (NYSEARCA:XLE) by 102.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 766,392 shares of the exchange traded fund’s stock after purchasing 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’s holdings in Energy Select Sector SPDR ETF were worth $34,265,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Wagner Wealth Management LLC boosted its position in shares of Energy Select Sector SPDR ETF by 270.3% in the 3rd quarter. Wagner Wealth Management LLC now owns 274 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 200 shares during the period. ORG Wealth Partners LLC boosted its position in shares of Energy Select Sector SPDR ETF by 100.0% in the 4th quarter. ORG Wealth Partners LLC now owns 568 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 284 shares during the period. Holos Integrated Wealth LLC acquired a new stake in shares of Energy Select Sector SPDR ETF in the 4th quarter valued at about $26,000. Signature Resources Capital Management LLC boosted its position in shares of Energy Select Sector SPDR ETF by 100.0% in the 4th quarter. Signature Resources Capital Management LLC now owns 658 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 329 shares during the period. Finally, GoalVest Advisory LLC boosted its position in shares of Energy Select Sector SPDR ETF by 72.2% in the 3rd quarter. GoalVest Advisory LLC now owns 365 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 153 shares during the period.

Energy Select Sector SPDR ETF Stock Down 3.5%

Shares of NYSEARCA XLE opened at $58.05 on Thursday. The business has a 50-day moving average price of $56.51 and a 200 day moving average price of $49.15. The stock has a market cap of $41.47 billion, a PE ratio of 15.59 and a beta of 0.64. Energy Select Sector SPDR ETF has a 52-week low of $37.24 and a 52-week high of $63.46.

Energy Select Sector SPDR ETF 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.