Canton Hathaway LLC boosted its position in Energy Select Sector SPDR ETF (NYSEARCA:XLE – Free Report) by 95.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 96,102 shares of the exchange traded fund’s stock after purchasing an additional 46,937 shares during the period. Energy Select Sector SPDR ETF comprises approximately 0.8% of Canton Hathaway LLC’s holdings, making the stock its 21st largest position. Canton Hathaway LLC’s holdings in Energy Select Sector SPDR ETF were worth $4,297,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Wagner Wealth Management LLC lifted its position in Energy Select Sector SPDR ETF by 270.3% in the third quarter. Wagner Wealth Management LLC now owns 274 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 200 shares during the period. GoalVest Advisory LLC lifted its position in Energy Select Sector SPDR ETF by 72.2% in the third quarter. GoalVest Advisory LLC now owns 365 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 153 shares during the period. Roble Belko & Company Inc lifted its position in Energy Select Sector SPDR ETF by 92.6% in the third quarter. Roble Belko & Company Inc now owns 366 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 176 shares during the period. Hager Investment Management Services LLC lifted its position in Energy Select Sector SPDR ETF by 45.8% in the third quarter. Hager Investment Management Services LLC now owns 366 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 115 shares during the period. Finally, Davis Capital Management acquired a new stake in Energy Select Sector SPDR ETF in the third quarter valued at about $36,000.
Energy Select Sector SPDR ETF News Summary
Here are the key news stories impacting Energy Select Sector SPDR ETF this week:
- Positive Sentiment: Damage to oil-and-gas infrastructure in the Persian Gulf is keeping supplies tight and supporting elevated oil prices, which benefits XLE’s large producers and refiners. Iran War Cease-Fire Can’t Undo the Middle East’s Energy Hangover
- Positive Sentiment: Geopolitical turmoil is sending shockwaves through global crude markets and pushing refinery/crude spreads wider in Europe and Asia — a margin tailwind for many XLE holdings. Geopolitical Turmoil, Oil Prices, & the Impact on Texas E&Ps
- Positive Sentiment: Analyst upgrades, rising earnings forecasts, attractive dividends and planned capital returns (dividends + buybacks) underpin a constructive medium-term case for XLE, concentrated in top holdings ExxonMobil and Chevron. XLE ETF coverage
- Neutral Sentiment: Broad-market ETFs were mixed to firmer while individual sectors diverged — general market strength is not translating into energy gains today. Exchange-Traded Funds Rise as US Equities Edge Higher After Midday
- Negative Sentiment: Energy sector indices fell sharply intraday (reports show NYSE Energy Index declines in the 3–4% range), dragging XLE lower as investors rotated out or took profits. Sector Update: Energy
- Negative Sentiment: Unusual options activity: roughly 257,501 put options were purchased on XLE Wednesday (about 16% above typical put volume), signaling increased hedging or bearish positioning that can amplify downside. (internal options report)
- Negative Sentiment: Short-term technical and sentiment signals show a pullback after a late-March peak (MarketBeat notes a Dark Cloud Cover / short-term correction), which may prolong near-term weakness despite the bullish fundamental backdrop. XLE technical commentary
Energy Select Sector SPDR ETF Stock Down 3.5%
Energy Select Sector SPDR ETF Company 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.
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