Ropes Wealth Advisors LLC maintained its position in shares of Energy Select Sector SPDR (NYSE:XLE) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,136 shares of the exchange traded fund’s stock at the close of the 2nd quarter. Ropes Wealth Advisors LLC’s holdings in Energy Select Sector SPDR were worth $788,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. FMR LLC increased its position in Energy Select Sector SPDR by 9.8% in the 2nd quarter. FMR LLC now owns 7,090,791 shares of the exchange traded fund’s stock valued at $460,334,000 after acquiring an additional 632,685 shares in the last quarter. Rafferty Asset Management LLC increased its position in Energy Select Sector SPDR by 42.5% in the 2nd quarter. Rafferty Asset Management LLC now owns 5,319,681 shares of the exchange traded fund’s stock valued at $345,354,000 after acquiring an additional 1,587,512 shares in the last quarter. Charles Schwab Investment Advisory Inc. acquired a new stake in Energy Select Sector SPDR in the 2nd quarter valued at about $136,287,000. Wealthfront Inc. increased its position in Energy Select Sector SPDR by 7.4% in the 2nd quarter. Wealthfront Inc. now owns 1,966,611 shares of the exchange traded fund’s stock valued at $127,672,000 after acquiring an additional 134,960 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in Energy Select Sector SPDR by 4.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,097,283 shares of the exchange traded fund’s stock valued at $71,057,000 after acquiring an additional 48,229 shares in the last quarter.

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Energy Select Sector SPDR (NYSE XLE) traded up 0.51% during midday trading on Friday, reaching $67.20. 14,647,937 shares of the company’s stock traded hands. Energy Select Sector SPDR has a 52-week low of $61.80 and a 52-week high of $78.45. The stock has a 50-day moving average of $64.27 and a 200 day moving average of $66.57.

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 25th. Shareholders of record on Monday, September 18th will be paid a dividend of $0.8654 per share. This is an increase from Energy Select Sector SPDR’s previous quarterly dividend of $0.45. The ex-dividend date is Friday, September 15th. This represents a $3.46 annualized dividend and a yield of 5.15%.

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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