Energy Select Sector SPDR Fund (NYSEARCA:XLE – Get Free Report)’s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $56.14 and traded as high as $59.69. Energy Select Sector SPDR Fund shares last traded at $59.68, with a volume of 25,451,779 shares traded.
Energy Select Sector SPDR Fund Stock Performance
The firm’s 50 day moving average price is $56.14 and its two-hundred day moving average price is $48.97. The company has a market cap of $42.49 billion, a P/E ratio of 15.59 and a beta of 0.77.
Institutional Trading of Energy Select Sector SPDR Fund
Several hedge funds have recently modified their holdings of the stock. Rockefeller Capital Management L.P. increased its stake in shares of Energy Select Sector SPDR Fund by 107.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,543,260 shares of the exchange traded fund’s stock valued at $68,999,000 after acquiring an additional 800,206 shares in the last quarter. Bank of New Hampshire increased its stake in shares of Energy Select Sector SPDR Fund by 98.2% in the 4th quarter. Bank of New Hampshire now owns 50,422 shares of the exchange traded fund’s stock valued at $2,254,000 after acquiring an additional 24,977 shares in the last quarter. Lane Brothers & Co. Inc. bought a new stake in shares of Energy Select Sector SPDR Fund in the 4th quarter valued at $1,520,000. PeakShares LLC bought a new stake in shares of Energy Select Sector SPDR Fund in the 4th quarter valued at $1,065,000. Finally, Audent Global Asset Management LLC increased its stake in shares of Energy Select Sector SPDR Fund by 133.7% in the 4th quarter. Audent Global Asset Management LLC now owns 27,680 shares of the exchange traded fund’s stock valued at $1,238,000 after acquiring an additional 15,838 shares in the last quarter.
About Energy Select Sector SPDR Fund
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. The Fund’s investment advisor is SSgA Funds Management, Inc
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