Traders sold shares of Utilities SPDR (NYSEARCA:XLU) on strength during trading hours on Friday. $137.68 million flowed into the stock on the tick-up and $202.26 million flowed out of the stock on the tick-down, for a money net flow of $64.58 million out of the stock. Of all equities tracked, Utilities SPDR had the 28th highest net out-flow for the day. Utilities SPDR traded up $1.00 for the day and closed at $48.56
The firm has a market capitalization of $7,040.00 and a P/E ratio of 15.37.
Several institutional investors have recently bought and sold shares of XLU. New York State Common Retirement Fund acquired a new position in shares of Utilities SPDR in the second quarter worth approximately $3,275,000. FMR LLC increased its holdings in Utilities SPDR by 31.3% in the second quarter. FMR LLC now owns 18,903 shares of the exchange traded fund’s stock worth $982,000 after purchasing an additional 4,503 shares in the last quarter. Stifel Financial Corp increased its holdings in Utilities SPDR by 1.1% in the second quarter. Stifel Financial Corp now owns 54,923 shares of the exchange traded fund’s stock worth $2,845,000 after purchasing an additional 579 shares in the last quarter. BB&T Investment Services Inc. bought a new stake in Utilities SPDR in the second quarter worth approximately $176,000. Finally, Krilogy Financial LLC increased its holdings in Utilities SPDR by 11.3% in the second quarter. Krilogy Financial LLC now owns 8,507 shares of the exchange traded fund’s stock worth $442,000 after purchasing an additional 867 shares in the last quarter.
About Utilities SPDR
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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