Huntington National Bank Lowers Stake in Utilities SPDR (XLU)

Huntington National Bank cut its holdings in Utilities SPDR (NYSEARCA:XLU) by 7.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,531 shares of the exchange traded fund’s stock after selling 2,481 shares during the quarter. Huntington National Bank’s holdings in Utilities SPDR were worth $1,662,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its position in shares of Utilities SPDR by 54.3% in the third quarter. Bank of New York Mellon Corp now owns 24,997 shares of the exchange traded fund’s stock valued at $1,326,000 after purchasing an additional 8,799 shares during the last quarter. Univest Corp of Pennsylvania grew its position in shares of Utilities SPDR by 2.1% in the fourth quarter. Univest Corp of Pennsylvania now owns 109,054 shares of the exchange traded fund’s stock valued at $5,745,000 after purchasing an additional 2,193 shares during the last quarter. Dow Chemical Co. DE grew its position in shares of Utilities SPDR by 41.5% in the third quarter. Dow Chemical Co. DE now owns 411,893 shares of the exchange traded fund’s stock valued at $21,851,000 after purchasing an additional 120,790 shares during the last quarter. Private Advisor Group LLC grew its position in shares of Utilities SPDR by 26.2% in the third quarter. Private Advisor Group LLC now owns 65,505 shares of the exchange traded fund’s stock valued at $3,501,000 after purchasing an additional 13,605 shares during the last quarter. Finally, Cetera Advisors LLC grew its position in shares of Utilities SPDR by 140.3% in the third quarter. Cetera Advisors LLC now owns 20,137 shares of the exchange traded fund’s stock valued at $1,072,000 after purchasing an additional 11,758 shares during the last quarter.

Shares of Utilities SPDR (XLU) opened at $48.10 on Thursday. Utilities SPDR has a 1 year low of $47.37 and a 1 year high of $57.23. The company has a market cap of $6,970.00 and a P/E ratio of 15.22.

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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 (NYSEARCA:XLU)

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