Woodmont Investment Counsel LLC Raises Holdings in Energy Select Sector SPDR ETF $XLE

Woodmont Investment Counsel LLC grew its position in shares of Energy Select Sector SPDR ETF (NYSEARCA:XLE) by 100.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,608 shares of the exchange traded fund’s stock after purchasing an additional 10,304 shares during the period. Woodmont Investment Counsel LLC’s holdings in Energy Select Sector SPDR ETF were worth $921,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in XLE. Brighton Jones LLC grew its position in shares of Energy Select Sector SPDR ETF by 51.5% during the fourth quarter. Brighton Jones LLC now owns 9,363 shares of the exchange traded fund’s stock valued at $802,000 after purchasing an additional 3,181 shares in the last quarter. AQR Capital Management LLC grew its position in Energy Select Sector SPDR ETF by 8.6% in the first quarter. AQR Capital Management LLC now owns 31,187 shares of the exchange traded fund’s stock worth $2,914,000 after acquiring an additional 2,480 shares in the last quarter. Guggenheim Capital LLC grew its position in Energy Select Sector SPDR ETF by 2.6% in the second quarter. Guggenheim Capital LLC now owns 18,406 shares of the exchange traded fund’s stock worth $1,561,000 after acquiring an additional 465 shares in the last quarter. First Trust Advisors LP grew its position in Energy Select Sector SPDR ETF by 63.0% in the second quarter. First Trust Advisors LP now owns 22,081 shares of the exchange traded fund’s stock worth $1,873,000 after acquiring an additional 8,537 shares in the last quarter. Finally, SVB Wealth LLC grew its position in Energy Select Sector SPDR ETF by 30.4% in the second quarter. SVB Wealth LLC now owns 3,405 shares of the exchange traded fund’s stock worth $289,000 after acquiring an additional 794 shares in the last quarter.

Energy Select Sector SPDR ETF Trading Down 3.5%

XLE opened at $58.05 on Thursday. The firm has a market cap of $41.47 billion, a P/E ratio of 15.59 and a beta of 0.64. Energy Select Sector SPDR ETF has a 12 month low of $37.24 and a 12 month high of $63.46. The stock has a 50-day moving average of $56.51 and a 200 day moving average of $49.15.

Energy Select Sector SPDR ETF Profile

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.