Traders Sell Shares of Utilities SPDR (XLU) on Strength (XLU)
Traders sold shares of Utilities SPDR (NYSE:XLU) on strength during trading on Thursday. $64.27 million flowed into the stock on the tick-up and $110.13 million flowed out of the stock on the tick-down, for a money net flow of $45.86 million out of the stock. Of all equities tracked, Utilities SPDR had the 0th highest net out-flow for the day. Utilities SPDR traded up $0.01 for the day and closed at $54.97
The stock’s 50 day moving average is $53.86 and its 200-day moving average is $52.45.
A number of large investors have recently made changes to their positions in the company. Captrust Financial Advisors bought a new stake in shares of Utilities SPDR during the second quarter valued at $120,000. D.A. Davidson & CO. boosted its stake in Utilities SPDR by 9.6% in the second quarter. D.A. Davidson & CO. now owns 2,693 shares of the exchange traded fund’s stock worth $139,000 after buying an additional 235 shares during the period. WFG Advisors LP boosted its stake in Utilities SPDR by 18.5% in the second quarter. WFG Advisors LP now owns 3,037 shares of the exchange traded fund’s stock worth $158,000 after buying an additional 475 shares during the period. BB&T Investment Services Inc. acquired a new stake in Utilities SPDR during the second quarter worth approximately $176,000. Finally, IndexIQ Advisors LLC boosted its stake in Utilities SPDR by 665.2% in the second quarter. IndexIQ Advisors LLC now owns 3,604 shares of the exchange traded fund’s stock worth $188,000 after buying an additional 3,133 shares during the period.
Utilities SPDR Company Profile
Select Sector Utilities Select Sector SPDR Fund (the Fund), formerly Utilities Select Sector SPDR Fund, seeks to provide investment results that correspond to the price and yield performance of the Utilities Select Sector of the S&P 500 Index (the Index). The Index includes companies from industries, such as electric utilities, multi-utilities, independent power producers and energy traders, and gas utilities.