Nvwm LLC Acquires 10,474 Shares of Energy Select Sector SPDR ETF $XLE

Nvwm LLC boosted its holdings in shares of Energy Select Sector SPDR ETF (NYSEARCA:XLE) by 110.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,947 shares of the exchange traded fund’s stock after buying an additional 10,474 shares during the quarter. Nvwm LLC’s holdings in Energy Select Sector SPDR ETF were worth $892,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Meridian Investment Counsel Inc. grew its position in Energy Select Sector SPDR ETF by 91.1% during the fourth quarter. Meridian Investment Counsel Inc. now owns 29,070 shares of the exchange traded fund’s stock valued at $1,300,000 after buying an additional 13,860 shares during the period. Signaturefd LLC grew its position in Energy Select Sector SPDR ETF by 101.9% during the fourth quarter. Signaturefd LLC now owns 13,590 shares of the exchange traded fund’s stock valued at $608,000 after buying an additional 6,860 shares during the period. Joule Financial LLC grew its position in Energy Select Sector SPDR ETF by 86.8% during the fourth quarter. Joule Financial LLC now owns 55,947 shares of the exchange traded fund’s stock valued at $2,501,000 after buying an additional 25,995 shares during the period. Lazari Capital Management Inc. grew its position in Energy Select Sector SPDR ETF by 94.6% during the fourth quarter. Lazari Capital Management Inc. now owns 22,505 shares of the exchange traded fund’s stock valued at $1,006,000 after buying an additional 10,942 shares during the period. Finally, LifePlan Financial LLC grew its position in Energy Select Sector SPDR ETF by 93.5% during the fourth quarter. LifePlan Financial LLC now owns 49,409 shares of the exchange traded fund’s stock valued at $2,209,000 after buying an additional 23,878 shares during the period.

Energy Select Sector SPDR ETF Trading Down 4.5%

NYSEARCA XLE traded down $2.72 during trading hours on Wednesday, hitting $57.44. 31,505,922 shares of the company’s stock traded hands, compared to its average volume of 58,403,242. The business’s fifty day moving average price is $56.35 and its two-hundred day moving average price is $49.09. The firm has a market capitalization of $41.04 billion, a P/E ratio of 15.59 and a beta of 0.64. Energy Select Sector SPDR ETF has a 52 week low of $37.24 and a 52 week high of $63.46.

About Energy Select Sector SPDR ETF

The Energy Select Sector SPDR ETF is a State Street exchange-traded fund that seeks to track the price and yield performance of the Energy Select Sector Index, before expenses. The index is designed to provide broad representation of the energy sector within the S&P 500, covering companies in the oil, gas and consumable fuels, and energy equipment and services industries. Component companies are selected from the S&P 500 universe based on general industry classification, and the Energy Select Sector Index is one of eleven Select Sector Indexes that together comprise all S&P 500 constituents.