Charles Schwab Investment Advisory Inc. purchased a new position in Energy Select Sector SPDR (NYSE:XLE) during the second quarter, Holdings Channel reports. The fund purchased 2,099,296 shares of the exchange traded fund’s stock, valued at approximately $136,287,000.

Several other hedge funds also recently made changes to their positions in the company. Mariner Investment Group LLC boosted its stake in shares of Energy Select Sector SPDR by 150.2% in the second quarter. Mariner Investment Group LLC now owns 71,300 shares of the exchange traded fund’s stock worth $4,629,000 after buying an additional 42,800 shares during the last quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD boosted its stake in shares of Energy Select Sector SPDR by 2,955.7% in the second quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD now owns 32,696 shares of the exchange traded fund’s stock worth $2,113,000 after buying an additional 31,626 shares during the last quarter. David R. Rahn & Associates Inc. bought a new stake in shares of Energy Select Sector SPDR during the second quarter worth $1,069,000. Stratos Wealth Partners LTD. boosted its stake in shares of Energy Select Sector SPDR by 24.7% in the second quarter. Stratos Wealth Partners LTD. now owns 79,053 shares of the exchange traded fund’s stock worth $5,132,000 after buying an additional 15,647 shares during the last quarter. Finally, IFP Advisors Inc boosted its stake in shares of Energy Select Sector SPDR by 7.7% in the second quarter. IFP Advisors Inc now owns 146,666 shares of the exchange traded fund’s stock worth $9,522,000 after buying an additional 10,438 shares during the last quarter.

Shares of Energy Select Sector SPDR (NYSE XLE) opened at 65.05 on Thursday. Energy Select Sector SPDR has a 12 month low of $63.29 and a 12 month high of $78.45. The stock’s 50 day moving average price is $65.16 and its 200-day moving average price is $68.40.

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About Energy Select Sector SPDR

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.

Want to see what other hedge funds are holding XLE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Energy Select Sector SPDR (NYSE:XLE).

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

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