BigSur Wealth Management LLC purchased a new stake in Financial Select Sector SPDR ETF (NYSE:XLF) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 40,000 shares of the exchange traded fund’s stock, valued at approximately $1,034,000. Financial Select Sector SPDR ETF accounts for 1.0% of BigSur Wealth Management LLC’s investment portfolio, making the stock its 19th largest position.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Keybank National Association OH raised its stake in Financial Select Sector SPDR ETF by 19.7% in the third quarter. Keybank National Association OH now owns 96,966 shares of the exchange traded fund’s stock worth $2,508,000 after buying an additional 15,988 shares in the last quarter. Nelson Roberts Investment Advisors LLC raised its stake in Financial Select Sector SPDR ETF by 5.0% in the third quarter. Nelson Roberts Investment Advisors LLC now owns 93,538 shares of the exchange traded fund’s stock worth $2,419,000 after buying an additional 4,475 shares in the last quarter. Good Life Advisors LLC raised its stake in Financial Select Sector SPDR ETF by 23.5% in the third quarter. Good Life Advisors LLC now owns 17,280 shares of the exchange traded fund’s stock worth $455,000 after buying an additional 3,291 shares in the last quarter. Polaris Greystone Financial Group LLC raised its stake in Financial Select Sector SPDR ETF by 26.3% in the third quarter. Polaris Greystone Financial Group LLC now owns 469,551 shares of the exchange traded fund’s stock worth $12,143,000 after buying an additional 97,885 shares in the last quarter. Finally, Lincoln National Corp raised its stake in Financial Select Sector SPDR ETF by 14.1% in the third quarter. Lincoln National Corp now owns 17,266 shares of the exchange traded fund’s stock worth $446,000 after buying an additional 2,134 shares in the last quarter.

Shares of Financial Select Sector SPDR ETF (NYSE:XLF) traded down $0.36 during mid-day trading on Tuesday, hitting $26.39. The stock had a trading volume of 69,112,923 shares. Financial Select Sector SPDR ETF has a 1-year low of $19.79 and a 1-year high of $26.93.

TRADEMARK VIOLATION WARNING: This piece was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece on another site, it was illegally stolen and republished in violation of international copyright laws. The original version of this piece can be viewed at https://www.thecerbatgem.com/2017/11/07/bigsur-wealth-management-llc-purchases-shares-of-40000-financial-select-sector-spdr-etf-xlf.html.

About Financial Select Sector SPDR ETF

The Fund seeks to provide investors with a low-cost passive approach for investing in a portfolio of equity securities of firms as represented by the Financial Select Sector Index.

Institutional Ownership by Quarter for Financial Select Sector SPDR ETF (NYSE:XLF)

Receive News & Stock Ratings for Financial Select Sector SPDR ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Financial Select Sector SPDR ETF and related stocks with our FREE daily email newsletter.