Sovarnum Capital L.P. Takes $1.08 Million Position in Energy Select Sector SPDR (XLE)

Sovarnum Capital L.P. purchased a new stake in Energy Select Sector SPDR (NYSEARCA:XLE) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 15,000 shares of the exchange traded fund’s stock, valued at approximately $1,084,000. Energy Select Sector SPDR makes up about 0.7% of Sovarnum Capital L.P.’s holdings, making the stock its 23rd largest position.

A number of other institutional investors have also bought and sold shares of XLE. Grove Bank & Trust grew its holdings in shares of Energy Select Sector SPDR by 6,582.5% during the third quarter. Grove Bank & Trust now owns 2,673 shares of the exchange traded fund’s stock worth $183,000 after purchasing an additional 2,633 shares during the last quarter. Dorsey & Whitney Trust CO LLC purchased a new position in shares of Energy Select Sector SPDR during the third quarter worth about $203,000. Sii Investments Inc. WI grew its holdings in shares of Energy Select Sector SPDR by 23.8% during the third quarter. Sii Investments Inc. WI now owns 13,989 shares of the exchange traded fund’s stock worth $955,000 after purchasing an additional 2,687 shares during the last quarter. Equity Investment Corp purchased a new position in shares of Energy Select Sector SPDR during the third quarter worth about $1,270,000. Finally, SCS Capital Management LLC purchased a new position in shares of Energy Select Sector SPDR during the third quarter worth about $14,184,000.

Energy Select Sector SPDR (NYSEARCA:XLE) opened at $67.34 on Friday. The stock has a market capitalization of $17,890.00 and a PE ratio of -10.62. Energy Select Sector SPDR has a twelve month low of $61.80 and a twelve month high of $78.39.

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About Energy Select Sector SPDR

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.

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

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