Abbrea Capital LLC lowered its position in Energy Select Sector SPDR (NYSE:XLE) by 22.3% during the second quarter, Holdings Channel reports. The institutional investor owned 4,171 shares of the exchange traded fund’s stock after selling 1,200 shares during the period. Abbrea Capital LLC’s holdings in Energy Select Sector SPDR were worth $271,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in XLE. Sei Investments Co. raised its position 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 in the last quarter. Country Trust Bank raised its position 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 in the last quarter. CAPROCK Group Inc. bought a new position in Energy Select Sector SPDR during the second quarter worth about $232,000. Daiwa Securities Group Inc. raised its position 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 in the last quarter. Finally, Joel Isaacson & Co. LLC raised its position 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 in the last quarter.

Energy Select Sector SPDR (NYSE:XLE) opened at 63.94 on Friday. The company’s 50 day moving average price is $65.17 and its 200-day moving average price is $68.30. 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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