Lucas Capital Management raised its position in shares of Energy Select Sector SPDR (NYSE:XLE) by 122.5% during the second quarter, Holdings Channel reports. The fund owned 7,220 shares of the exchange traded fund’s stock after buying an additional 3,975 shares during the period. Lucas Capital Management’s holdings in Energy Select Sector SPDR were worth $469,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of XLE. Exchange Capital Management Inc. boosted its position in shares of Energy Select Sector SPDR by 0.6% in the second quarter. Exchange Capital Management Inc. now owns 18,829 shares of the exchange traded fund’s stock worth $1,222,000 after buying an additional 103 shares during the last quarter. David R. Rahn & Associates Inc. acquired a new position in shares of Energy Select Sector SPDR during the second quarter worth approximately $1,069,000. CAPROCK Group Inc. acquired a new position in shares of Energy Select Sector SPDR during the second quarter worth approximately $232,000. Honkamp Krueger Financial Services Inc. acquired a new position in shares of Energy Select Sector SPDR during the second quarter worth approximately $306,000. Finally, Country Trust Bank boosted its position in shares of Energy Select Sector SPDR by 1.7% in the second quarter. Country Trust Bank now owns 2,826 shares of the exchange traded fund’s stock worth $183,000 after buying an additional 48 shares during the last quarter.

Energy Select Sector SPDR (NYSE:XLE) opened at 65.64 on Friday. The firm’s 50-day moving average is $65.27 and its 200-day moving average is $68.71. Energy Select Sector SPDR has a 12 month low of $63.29 and a 12 month high of $78.45.

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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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Institutional Ownership by Quarter for Energy Select Sector SPDR (NYSE:XLE)

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