Boltwood Capital Management Has $726,000 Stake in Energy Select Sector SPDR (XLE)

Boltwood Capital Management increased its stake in shares of Energy Select Sector SPDR (NYSEARCA:XLE) by 15.8% during the 4th quarter, Holdings Channel reports. The firm owned 10,060 shares of the exchange traded fund’s stock after purchasing an additional 1,370 shares during the quarter. Boltwood Capital Management’s holdings in Energy Select Sector SPDR were worth $726,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in XLE. Confluence Investment Management LLC grew its position in Energy Select Sector SPDR by 50.1% in the 4th quarter. Confluence Investment Management LLC now owns 47,144 shares of the exchange traded fund’s stock valued at $3,407,000 after acquiring an additional 15,727 shares during the last quarter. XR Securities LLC bought a new position in Energy Select Sector SPDR in the 4th quarter valued at $1,220,000. Atlantic Trust Group LLC grew its position in Energy Select Sector SPDR by 13.0% in the 3rd quarter. Atlantic Trust Group LLC now owns 15,992 shares of the exchange traded fund’s stock valued at $1,095,000 after acquiring an additional 1,845 shares during the last quarter. Vista Private Wealth Partners. LLC bought a new position in Energy Select Sector SPDR in the 3rd quarter valued at $1,985,000. Finally, Moors & Cabot Inc. grew its position in Energy Select Sector SPDR by 19.7% in the 3rd quarter. Moors & Cabot Inc. now owns 4,736 shares of the exchange traded fund’s stock valued at $326,000 after acquiring an additional 778 shares during the last quarter.

Energy Select Sector SPDR (XLE) opened at $75.23 on Wednesday. Energy Select Sector SPDR has a 12-month low of $61.80 and a 12-month high of $75.59. The stock has a market capitalization of $19,480.00 and a price-to-earnings ratio of -11.87.

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 26th. Stockholders of record on Monday, December 18th were given a dividend of $0.4583 per share. This represents a $1.83 dividend on an annualized basis and a dividend yield of 2.44%. The ex-dividend date was Friday, December 15th. Energy Select Sector SPDR’s payout ratio is -34.54%.

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Energy Select Sector SPDR Profile

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.

Want to see what other hedge funds are holding XLE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Energy Select Sector SPDR (NYSEARCA:XLE).

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

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