Utilities SPDR (XLU) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. reduced its stake in Utilities SPDR (NYSEARCA:XLU) by 83.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 272,778 shares of the exchange traded fund’s stock after selling 1,424,598 shares during the period. Envestnet Asset Management Inc. owned 0.19% of Utilities SPDR worth $13,981,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Swan Global Investments LLC increased its stake in Utilities SPDR by 7.6% in the fourth quarter. Swan Global Investments LLC now owns 7,811,866 shares of the exchange traded fund’s stock valued at $411,295,000 after purchasing an additional 549,805 shares in the last quarter. Two Sigma Advisers LP increased its stake in Utilities SPDR by 21.8% in the fourth quarter. Two Sigma Advisers LP now owns 4,081,300 shares of the exchange traded fund’s stock valued at $215,003,000 after purchasing an additional 731,100 shares in the last quarter. Wells Fargo & Company MN increased its stake in Utilities SPDR by 24.6% in the first quarter. Wells Fargo & Company MN now owns 1,440,488 shares of the exchange traded fund’s stock valued at $72,787,000 after purchasing an additional 284,780 shares in the last quarter. Psagot Investment House Ltd. increased its stake in Utilities SPDR by 8.4% in the first quarter. Psagot Investment House Ltd. now owns 1,214,099 shares of the exchange traded fund’s stock valued at $61,349,000 after purchasing an additional 94,579 shares in the last quarter. Finally, Bank of Montreal Can increased its stake in Utilities SPDR by 144.2% in the fourth quarter. Bank of Montreal Can now owns 1,185,848 shares of the exchange traded fund’s stock valued at $62,471,000 after purchasing an additional 700,263 shares in the last quarter.

NYSEARCA:XLU opened at $48.99 on Friday. Utilities SPDR has a one year low of $47.37 and a one year high of $57.23.

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.

Institutional Ownership by Quarter for Utilities SPDR (NYSEARCA:XLU)

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