Utilities SPDR (NYSEARCA:XLU) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 64,328,316 shares, a growth of 4.8% from the February 15th total of 61,376,128 shares. Based on an average daily trading volume, of 17,978,095 shares, the short-interest ratio is currently 3.6 days.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Swan Global Investments LLC raised its position in shares of Utilities SPDR by 7.6% during the fourth quarter. Swan Global Investments LLC now owns 7,811,866 shares of the exchange traded fund’s stock valued at $411,295,000 after buying an additional 549,805 shares during the last quarter. Two Sigma Advisers LP raised its position in shares of Utilities SPDR by 21.8% during the fourth quarter. Two Sigma Advisers LP now owns 4,081,300 shares of the exchange traded fund’s stock valued at $215,003,000 after buying an additional 731,100 shares during the last quarter. TD Asset Management Inc. raised its position in shares of Utilities SPDR by 273.3% during the third quarter. TD Asset Management Inc. now owns 2,400,000 shares of the exchange traded fund’s stock valued at $127,320,000 after buying an additional 1,757,000 shares during the last quarter. Bank of Montreal Can raised its position in shares of Utilities SPDR by 144.2% during the fourth quarter. Bank of Montreal Can now owns 1,185,848 shares of the exchange traded fund’s stock valued at $62,471,000 after buying an additional 700,263 shares during the last quarter. Finally, Psagot Investment House Ltd. raised its position in shares of Utilities SPDR by 346.2% during the third quarter. Psagot Investment House Ltd. now owns 1,109,723 shares of the exchange traded fund’s stock valued at $58,871,000 after buying an additional 861,017 shares during the last quarter.

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Utilities SPDR (NYSEARCA XLU) opened at $50.23 on Thursday. The company has a market cap of $6,800.00 and a PE ratio of 15.90. Utilities SPDR has a 52-week low of $47.37 and a 52-week high of $57.23.

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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.

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