United Asset Strategies Inc. lowered its stake in Energy Select Sector SPDR (NYSE:XLE) by 32.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,586 shares of the exchange traded fund’s stock after selling 10,841 shares during the period. United Asset Strategies Inc.’s holdings in Energy Select Sector SPDR were worth $1,466,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. Lucas Capital Management raised its stake in shares of Energy Select Sector SPDR by 122.5% in the second quarter. Lucas Capital Management now owns 7,220 shares of the exchange traded fund’s stock valued at $469,000 after buying an additional 3,975 shares during the last quarter. Telos Capital Management Inc. raised its stake in shares of Energy Select Sector SPDR by 1.0% in the second quarter. Telos Capital Management Inc. now owns 5,991 shares of the exchange traded fund’s stock valued at $389,000 after buying an additional 62 shares during the last quarter. Mechanics Bank Trust Department raised its stake in shares of Energy Select Sector SPDR by 19.5% in the second quarter. Mechanics Bank Trust Department now owns 19,702 shares of the exchange traded fund’s stock valued at $1,279,000 after buying an additional 3,210 shares during the last quarter. Crescent Grove Advisors LLC purchased a new stake in shares of Energy Select Sector SPDR during the second quarter valued at $3,192,000. Finally, MCF Advisors LLC raised its stake in shares of Energy Select Sector SPDR by 0.6% in the second quarter. MCF Advisors LLC now owns 5,075 shares of the exchange traded fund’s stock valued at $329,000 after buying an additional 29 shares during the last quarter.

Shares of Energy Select Sector SPDR (NYSE XLE) opened at 63.94 on Friday. The stock’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 one year low of $63.29 and a one year high of $78.45.

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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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