Utilities SPDR (XLU) Shares Sold by Edgestream Partners L.P.
Edgestream Partners L.P. trimmed its position in Utilities SPDR (NYSE:XLU) by 8.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 28,865 shares of the exchange traded fund’s stock after selling 2,669 shares during the period. Edgestream Partners L.P.’s holdings in Utilities SPDR were worth $1,500,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Leucadia National Corp boosted its holdings in Utilities SPDR by 162.3% in the 2nd quarter. Leucadia National Corp now owns 122,502 shares of the exchange traded fund’s stock worth $6,365,000 after buying an additional 75,794 shares during the last quarter. Barry Investment Advisors LLC boosted its holdings in Utilities SPDR by 0.5% in the 2nd quarter. Barry Investment Advisors LLC now owns 27,381 shares of the exchange traded fund’s stock worth $1,423,000 after buying an additional 137 shares during the last quarter. Parsec Financial Management Inc. acquired a new stake in Utilities SPDR in the 2nd quarter worth about $437,000. Texas Permanent School Fund acquired a new stake in Utilities SPDR in the 2nd quarter worth about $923,000. Finally, Pinnacle Financial Partners Inc. acquired a new stake in Utilities SPDR in the 2nd quarter worth about $1,144,000.
Utilities SPDR (XLU) traded up 0.64% during midday trading on Thursday, reaching $55.04. The company had a trading volume of 4,470,315 shares. The firm’s 50 day moving average is $54.06 and its 200 day moving average is $52.58. Utilities SPDR has a 1-year low of $45.33 and a 1-year high of $55.42.
Utilities SPDR Company Profile
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.
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