Bedell Frazier Investment Counseling LLC raised its stake in Energy Select Sector SPDR (NYSEARCA:XLE) by 13.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 29,529 shares of the exchange traded fund’s stock after acquiring an additional 3,397 shares during the quarter. Bedell Frazier Investment Counseling LLC’s holdings in Energy Select Sector SPDR were worth $2,134,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Contravisory Investment Management Inc. increased its position in shares of Energy Select Sector SPDR by 71.6% during the fourth quarter. Contravisory Investment Management Inc. now owns 1,702 shares of the exchange traded fund’s stock worth $123,000 after acquiring an additional 710 shares during the last quarter. BB&T Investment Services Inc. increased its position in shares of Energy Select Sector SPDR by 103.9% during the third quarter. BB&T Investment Services Inc. now owns 2,117 shares of the exchange traded fund’s stock worth $146,000 after acquiring an additional 1,079 shares during the last quarter. Grove Bank & Trust increased its position in shares of Energy Select Sector SPDR by 6,582.5% during the third quarter. Grove Bank & Trust now owns 2,673 shares of the exchange traded fund’s stock worth $183,000 after acquiring an additional 2,633 shares during the last quarter. NTV Asset Management LLC purchased a new stake in shares of Energy Select Sector SPDR during the fourth quarter worth about $211,000. Finally, Aspen Investment Management Inc acquired a new position in Energy Select Sector SPDR in the third quarter worth about $203,000.

Energy Select Sector SPDR (XLE) opened at $68.80 on Thursday. The company has a market capitalization of $18,050.00 and a PE ratio of -10.85. Energy Select Sector SPDR has a 52 week low of $61.80 and a 52 week high of $78.39.

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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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