Granite Investment Advisors LLC increased its stake in Energy Select Sector SPDR (NYSE:XLE) by 11.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,081 shares of the exchange traded fund’s stock after buying an additional 1,740 shares during the period. Granite Investment Advisors LLC’s holdings in Energy Select Sector SPDR were worth $1,124,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Crescent Grove Advisors LLC bought a new position in shares of Energy Select Sector SPDR during the second quarter valued at approximately $3,192,000. Harel Insurance Investments & Financial Services Ltd. raised its position in shares of Energy Select Sector SPDR by 25.4% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 236,624 shares of the exchange traded fund’s stock valued at $14,661,000 after buying an additional 47,927 shares in the last quarter. Stearns Financial Services Group raised its position in shares of Energy Select Sector SPDR by 7.4% in the second quarter. Stearns Financial Services Group now owns 168,223 shares of the exchange traded fund’s stock valued at $10,921,000 after buying an additional 11,596 shares in the last quarter. Charles Schwab Investment Advisory Inc. bought a new position in shares of Energy Select Sector SPDR during the second quarter valued at approximately $136,287,000. Finally, GenTrust LLC raised its position in shares of Energy Select Sector SPDR by 1.5% in the second quarter. GenTrust LLC now owns 157,928 shares of the exchange traded fund’s stock valued at $10,253,000 after buying an additional 2,357 shares in the last quarter.

Energy Select Sector SPDR (XLE) opened at 64.36 on Friday. Energy Select Sector SPDR has a one year low of $63.29 and a one year high of $78.45. The stock has a 50 day moving average of $65.17 and a 200 day moving average of $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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