Strategic Capital Advisers Inc. bought a new stake in Utilities SPDR (NYSEARCA:XLU) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 34,714 shares of the exchange traded fund’s stock, valued at approximately $1,829,000. Utilities SPDR accounts for 1.8% of Strategic Capital Advisers Inc.’s investment portfolio, making the stock its 26th largest holding.
A number of other large investors also recently added to or reduced their stakes in XLU. FMR LLC boosted 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 valued at $982,000 after purchasing an additional 4,503 shares during the period. Sunbelt Securities Inc. purchased a new position in Utilities SPDR in the third quarter valued at $285,000. Global X MANAGEMENT CO LLC boosted its holdings in Utilities SPDR by 19.8% in the third quarter. Global X MANAGEMENT CO LLC now owns 31,324 shares of the exchange traded fund’s stock valued at $1,662,000 after purchasing an additional 5,173 shares during the period. R. G. Niederhoffer Capital Management Inc. purchased a new position in Utilities SPDR in the third quarter valued at $260,000. Finally, YHB Investment Advisors Inc. boosted its holdings in Utilities SPDR by 39.5% in the third quarter. YHB Investment Advisors Inc. now owns 8,695 shares of the exchange traded fund’s stock valued at $461,000 after purchasing an additional 2,460 shares during the period.
Utilities SPDR (NYSEARCA:XLU) traded up $0.51 during trading hours on Wednesday, reaching $50.23. The company had a trading volume of 4,420,000 shares. The stock has a market capitalization of $6,800.00 and a price-to-earnings ratio of 15.90. Utilities SPDR has a 52-week low of $47.37 and a 52-week high of $57.23.
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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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