First Mercantile Trust Co. reduced its position in Energy Select Sector SPDR (NYSE:XLE) by 8.7% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 129,716 shares of the exchange traded fund’s stock after selling 12,434 shares during the period. Energy Select Sector SPDR accounts for 1.5% of First Mercantile Trust Co.’s holdings, making the stock its 3rd largest position. First Mercantile Trust Co.’s holdings in Energy Select Sector SPDR were worth $8,421,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Sei Investments Co. boosted its stake in Energy Select Sector SPDR by 373.3% in the second quarter. Sei Investments Co. now owns 2,707 shares of the exchange traded fund’s stock worth $176,000 after buying an additional 2,135 shares during the period. Country Trust Bank boosted its stake in 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 period. CAPROCK Group Inc. purchased a new stake in Energy Select Sector SPDR during the second quarter worth $232,000. Daiwa Securities Group Inc. boosted its stake in Energy Select Sector SPDR by 30.0% in the second quarter. Daiwa Securities Group Inc. now owns 3,900 shares of the exchange traded fund’s stock worth $253,000 after buying an additional 900 shares during the period. Finally, Joel Isaacson & Co. LLC boosted its stake in Energy Select Sector SPDR by 0.3% in the second quarter. Joel Isaacson & Co. LLC now owns 4,360 shares of the exchange traded fund’s stock worth $283,000 after buying an additional 11 shares during the period.

Energy Select Sector SPDR (XLE) opened at 64.36 on Friday. Energy Select Sector SPDR has a 1-year low of $63.29 and a 1-year high of $78.45. The firm’s 50-day moving average is $65.17 and its 200 day moving average is $68.37.

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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.

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

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