Conservest Capital Advisors Inc. decreased its position in Energy Select Sector SPDR (NYSEARCA:XLE) by 26.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 148,533 shares of the exchange traded fund’s stock after selling 54,189 shares during the quarter. Energy Select Sector SPDR accounts for approximately 2.1% of Conservest Capital Advisors Inc.’s holdings, making the stock its 13th biggest holding. Conservest Capital Advisors Inc.’s holdings in Energy Select Sector SPDR were worth $10,733,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Train Babcock Advisors LLC bought a new stake in shares of Energy Select Sector SPDR in the 4th quarter worth about $650,000. Boltwood Capital Management grew its holdings in shares of Energy Select Sector SPDR by 15.8% in the 4th quarter. Boltwood Capital Management now owns 10,060 shares of the exchange traded fund’s stock worth $726,000 after purchasing an additional 1,370 shares during the last quarter. Confluence Investment Management LLC grew its holdings in shares of Energy Select Sector SPDR by 50.1% in the 4th quarter. Confluence Investment Management LLC now owns 47,144 shares of the exchange traded fund’s stock worth $3,407,000 after purchasing an additional 15,727 shares during the last quarter. XR Securities LLC bought a new stake in shares of Energy Select Sector SPDR in the 4th quarter worth about $1,220,000. Finally, Atlantic Trust Group LLC lifted its position in Energy Select Sector SPDR by 13.0% during the 3rd quarter. Atlantic Trust Group LLC now owns 15,992 shares of the exchange traded fund’s stock worth $1,095,000 after buying an additional 1,845 shares in the last quarter.

Shares of Energy Select Sector SPDR (XLE) traded up $0.09 during midday trading on Wednesday, reaching $75.32. 9,234,100 shares of the company traded hands, compared to its average volume of 13,619,233. The firm has a market cap of $19,530.00 and a P/E ratio of -11.88. Energy Select Sector SPDR has a 1-year low of $61.80 and a 1-year high of $75.59.

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 26th. Investors of record on Monday, December 18th were given a dividend of $0.4583 per share. The ex-dividend date of this dividend was Friday, December 15th. This represents a $1.83 annualized dividend and a yield of 2.43%. Energy Select Sector SPDR’s dividend payout ratio (DPR) is -34.54%.

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Energy Select Sector SPDR 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 (NYSEARCA:XLE)

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