HM Payson & Co. maintained its position in shares of Utilities SPDR (NYSE:XLU) during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 9,897 shares of the exchange traded fund’s stock at the end of the second quarter. HM Payson & Co.’s holdings in Utilities SPDR were worth $514,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of XLU. BB&T Securities LLC raised its position in shares of Utilities SPDR by 84.7% in the second quarter. BB&T Securities LLC now owns 27,134 shares of the exchange traded fund’s stock valued at $1,410,000 after buying an additional 12,443 shares during the last quarter. Ballentine Partners LLC purchased a new position in shares of Utilities SPDR during the second quarter valued at approximately $630,000. Allegis Investment Advisors LLC purchased a new position in shares of Utilities SPDR during the second quarter valued at approximately $325,000. Wrapmanager Inc. raised its position in shares of Utilities SPDR by 33.3% in the second quarter. Wrapmanager Inc. now owns 5,438 shares of the exchange traded fund’s stock valued at $283,000 after buying an additional 1,357 shares during the last quarter. Finally, Pinnacle Financial Partners Inc. purchased a new position in shares of Utilities SPDR during the second quarter valued at approximately $1,144,000.

Utilities SPDR (NYSE:XLU) opened at 54.50 on Monday. The stock has a 50 day moving average price of $52.97 and a 200 day moving average price of $52.03. Utilities SPDR has a 12 month low of $45.33 and a 12 month high of $54.76.

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About Utilities SPDR

Select Sector Utilities Select Sector SPDR Fund (the Fund), formerly Utilities Select Sector SPDR Fund, seeks to provide investment results that correspond to the price and yield performance of the Utilities Select Sector of the S&P 500 Index (the Index). The Index includes companies from industries, such as electric utilities, multi-utilities, independent power producers and energy traders, and gas utilities.

Institutional Ownership by Quarter for Utilities SPDR (NYSE:XLU)

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