Blue Chip Partners Inc. Buys New Holdings in Energy Select Sector SPDR (XLE)

Blue Chip Partners Inc. bought a new position in shares of Energy Select Sector SPDR (NYSEARCA:XLE) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 21,522 shares of the exchange traded fund’s stock, valued at approximately $1,234,000.

Other hedge funds have also bought and sold shares of the company. Capital Investment Counsel Inc boosted its stake in Energy Select Sector SPDR by 12.2% in the 4th quarter. Capital Investment Counsel Inc now owns 28,519 shares of the exchange traded fund’s stock valued at $1,636,000 after purchasing an additional 3,100 shares during the period. Global Financial Private Capital LLC boosted its stake in Energy Select Sector SPDR by 4.8% in the 4th quarter. Global Financial Private Capital LLC now owns 132,594 shares of the exchange traded fund’s stock valued at $7,604,000 after purchasing an additional 6,086 shares during the period. Bailard Inc. boosted its stake in Energy Select Sector SPDR by 207.7% in the 4th quarter. Bailard Inc. now owns 28,202 shares of the exchange traded fund’s stock valued at $1,617,000 after purchasing an additional 19,037 shares during the period. Pinnacle Associates Ltd. boosted its stake in Energy Select Sector SPDR by 18.2% in the 4th quarter. Pinnacle Associates Ltd. now owns 27,952 shares of the exchange traded fund’s stock valued at $1,603,000 after purchasing an additional 4,298 shares during the period. Finally, Mutual of Omaha Bank Wealth Management boosted its stake in Energy Select Sector SPDR by 380.6% in the 4th quarter. Mutual of Omaha Bank Wealth Management now owns 53,155 shares of the exchange traded fund’s stock valued at $3,048,000 after purchasing an additional 42,095 shares during the period.

XLE opened at $63.24 on Tuesday. Energy Select Sector SPDR has a 1 year low of $53.36 and a 1 year high of $79.42.

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Energy Select Sector SPDR 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.

Read More: Average Daily Trade Volume – ADTV

Want to see what other hedge funds are holding XLE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Energy Select Sector SPDR (NYSEARCA:XLE).

Institutional Ownership by Quarter for Energy Select Sector SPDR (NYSEARCA:XLE)

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