Energy Select Sector SPDR (NYSE:XLE) was the target of a significant decrease in short interest during the month of September. As of September 29th, there was short interest totalling 28,635,112 shares, a decrease of 14.8% from the September 15th total of 33,590,586 shares. Based on an average trading volume of 12,743,367 shares, the short-interest ratio is currently 2.2 days.

Shares of Energy Select Sector SPDR (XLE) opened at 68.14 on Monday. The company has a 50-day moving average price of $66.48 and a 200 day moving average price of $66.35. Energy Select Sector SPDR has a one year low of $61.80 and a one year high of $78.45.

The business also recently declared a quarterly dividend, which was paid on Monday, September 25th. Investors of record on Monday, September 18th were given a dividend of $0.8654 per share. This represents a $3.46 annualized dividend and a yield of 5.08%. This is a positive change from Energy Select Sector SPDR’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend was Friday, September 15th.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Patriot Financial Group Insurance Agency LLC grew its position in Energy Select Sector SPDR by 5.0% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 2,541 shares of the exchange traded fund’s stock worth $163,000 after acquiring an additional 120 shares during the last quarter. TCI Wealth Advisors Inc. grew its position in Energy Select Sector SPDR by 8.2% during the 2nd quarter. TCI Wealth Advisors Inc. now owns 2,651 shares of the exchange traded fund’s stock worth $172,000 after acquiring an additional 200 shares during the last quarter. Sei Investments Co. grew its position in Energy Select Sector SPDR by 373.3% during the 2nd quarter. Sei Investments Co. now owns 2,707 shares of the exchange traded fund’s stock worth $176,000 after acquiring an additional 2,135 shares during the last quarter. Country Trust Bank grew its position in Energy Select Sector SPDR by 1.7% during the 2nd quarter. Country Trust Bank now owns 2,826 shares of the exchange traded fund’s stock worth $183,000 after acquiring an additional 48 shares during the last quarter. Finally, BDO Wealth Advisors LLC bought a new position in Energy Select Sector SPDR during the 2nd quarter worth approximately $184,000.

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Energy Select Sector SPDR Company 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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