Rafferty Asset Management LLC increased its holdings in shares of Energy Select Sector SPDR (NYSE:XLE) by 42.5% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,319,681 shares of the exchange traded fund’s stock after purchasing an additional 1,587,512 shares during the period. Energy Select Sector SPDR accounts for 9.9% of Rafferty Asset Management LLC’s holdings, making the stock its biggest holding. Rafferty Asset Management LLC’s holdings in Energy Select Sector SPDR were worth $345,354,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Joel Isaacson & Co. LLC boosted its stake in Energy Select Sector SPDR by 0.3% in the second quarter. Joel Isaacson & Co. LLC now owns 4,360 shares of the exchange traded fund’s stock valued at $283,000 after acquiring an additional 11 shares in the last quarter. MCF Advisors LLC boosted its stake in Energy Select Sector SPDR by 0.6% in the second quarter. MCF Advisors LLC now owns 5,075 shares of the exchange traded fund’s stock valued at $329,000 after acquiring an additional 29 shares in the last quarter. Financial Advisory Service Inc. boosted its stake in Energy Select Sector SPDR by 0.6% in the second quarter. Financial Advisory Service Inc. now owns 6,582 shares of the exchange traded fund’s stock valued at $427,000 after acquiring an additional 38 shares in the last quarter. Country Trust Bank boosted its stake in Energy Select Sector SPDR by 1.7% in the second quarter. Country Trust Bank now owns 2,826 shares of the exchange traded fund’s stock valued at $183,000 after acquiring an additional 48 shares in the last quarter. Finally, Telos Capital Management Inc. boosted its stake in Energy Select Sector SPDR by 1.0% in the second quarter. Telos Capital Management Inc. now owns 5,991 shares of the exchange traded fund’s stock valued at $389,000 after acquiring an additional 62 shares in the last quarter.

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Shares of Energy Select Sector SPDR (NYSE XLE) traded down 0.06% during midday trading on Monday, reaching $65.80. 3,849,172 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $64.28 and its 200 day moving average price is $66.73. Energy Select Sector SPDR has a 1-year low of $61.80 and a 1-year high of $78.45.

The company also recently declared a quarterly dividend, which will be paid on Monday, September 25th. Shareholders of record on Monday, September 18th will be issued a dividend of $0.8654 per share. This represents a $3.46 annualized dividend and a yield of 5.26%. The ex-dividend date of this dividend is Friday, September 15th. This is a boost from Energy Select Sector SPDR’s previous quarterly dividend of $0.45.

About Energy Select Sector SPDR

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

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