North Star Investment Management Corp. increased its stake in shares of Energy Select Sector SPDR (NYSEARCA:XLE) by 3.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 65,964 shares of the exchange traded fund’s stock after buying an additional 2,325 shares during the period. North Star Investment Management Corp.’s holdings in Energy Select Sector SPDR were worth $4,996,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Morgan Stanley increased its stake in shares of Energy Select Sector SPDR by 4.6% in the second quarter. Morgan Stanley now owns 10,433,732 shares of the exchange traded fund’s stock worth $792,337,000 after purchasing an additional 454,132 shares in the last quarter. Atria Investments LLC increased its stake in shares of Energy Select Sector SPDR by 33.8% in the second quarter. Atria Investments LLC now owns 56,099 shares of the exchange traded fund’s stock worth $4,260,000 after purchasing an additional 14,173 shares in the last quarter. IPG Investment Advisors LLC increased its stake in shares of Energy Select Sector SPDR by 26.9% in the second quarter. IPG Investment Advisors LLC now owns 60,467 shares of the exchange traded fund’s stock worth $4,592,000 after buying an additional 12,824 shares during the period. Delek Group Ltd. increased its position in Energy Select Sector SPDR by 40.2% during the 1st quarter. Delek Group Ltd. now owns 34,340 shares of the exchange traded fund’s stock valued at $2,317,000 after purchasing an additional 9,850 shares during the period. Finally, Doyle Wealth Management increased its position in Energy Select Sector SPDR by 38.3% during the 2nd quarter. Doyle Wealth Management now owns 5,049 shares of the exchange traded fund’s stock valued at $383,000 after purchasing an additional 1,398 shares during the period.

Shares of NYSEARCA:XLE traded up $0.20 during midday trading on Friday, reaching $73.00. The company’s stock had a trading volume of 23,521,701 shares, compared to its average volume of 14,679,776. Energy Select Sector SPDR has a 12-month low of $64.45 and a 12-month high of $79.42.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 26th. Stockholders of record on Monday, September 24th were given a $0.5132 dividend. The ex-dividend date of this dividend was Friday, September 21st. This is an increase from Energy Select Sector SPDR’s previous quarterly dividend of $0.51. This represents a $2.05 dividend on an annualized basis and a dividend yield of 2.81%.

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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