Northstar Asset Management LLC Has $225,000 Position in Utilities SPDR (XLU)

Northstar Asset Management LLC lowered its position in shares of Utilities SPDR (NYSE:XLU) by 20.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,245 shares of the exchange traded fund’s stock after selling 1,090 shares during the quarter. Northstar Asset Management LLC’s holdings in Utilities SPDR were worth $225,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Leucadia National Corp grew its holdings in Utilities SPDR by 162.3% during the second quarter. Leucadia National Corp now owns 122,502 shares of the exchange traded fund’s stock valued at $6,365,000 after purchasing an additional 75,794 shares during the period. Prudential Financial Inc. grew its holdings in Utilities SPDR by 63.9% during the second quarter. Prudential Financial Inc. now owns 10,000 shares of the exchange traded fund’s stock valued at $520,000 after purchasing an additional 3,900 shares during the period. UBS Asset Management Americas Inc. grew its holdings in Utilities SPDR by 5.7% during the second quarter. UBS Asset Management Americas Inc. now owns 86,350 shares of the exchange traded fund’s stock valued at $4,487,000 after purchasing an additional 4,659 shares during the period. Raymond James Financial Services Advisors Inc. grew its holdings in Utilities SPDR by 88.7% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 220,294 shares of the exchange traded fund’s stock valued at $11,446,000 after purchasing an additional 103,559 shares during the period. Finally, First Allied Advisory Services Inc. grew its holdings in Utilities SPDR by 15.6% during the second quarter. First Allied Advisory Services Inc. now owns 25,688 shares of the exchange traded fund’s stock valued at $1,328,000 after purchasing an additional 3,470 shares during the period.

Shares of Utilities SPDR (XLU) traded up 0.62% on Friday, reaching $55.05. 10,366,116 shares of the company were exchanged. The company’s 50-day moving average price is $54.15 and its 200 day moving average price is $53.32. Utilities SPDR has a 12 month low of $45.33 and a 12 month high of $55.90.

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

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