Energy Select Sector SPDR Fund (NYSEARCA:XLE) Shares Pass Below 200-Day Moving Average of $91.43

Energy Select Sector SPDR Fund (NYSEARCA:XLE) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $91.43 and traded as low as $87.90. Energy Select Sector SPDR Fund shares last traded at $89.12, with a volume of 13,054,821 shares.

Energy Select Sector SPDR Fund Stock Up 1.2 %

The company has a fifty day moving average of $89.43 and a two-hundred day moving average of $91.43. The stock has a market capitalization of $38.62 billion, a price-to-earnings ratio of 8.52 and a beta of 0.48.

Institutional Trading of Energy Select Sector SPDR Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Franklin Resources Inc. lifted its stake in shares of Energy Select Sector SPDR Fund by 1.3% in the 4th quarter. Franklin Resources Inc. now owns 118,675 shares of the exchange traded fund’s stock valued at $9,950,000 after purchasing an additional 1,478 shares in the last quarter. StoneX Group Inc. increased its holdings in shares of Energy Select Sector SPDR Fund by 5.9% in the 4th quarter. StoneX Group Inc. now owns 12,681 shares of the exchange traded fund’s stock valued at $1,063,000 after acquiring an additional 708 shares during the last quarter. Capstone Investment Advisors LLC increased its holdings in shares of Energy Select Sector SPDR Fund by 131.2% in the 4th quarter. Capstone Investment Advisors LLC now owns 11,610 shares of the exchange traded fund’s stock valued at $973,000 after acquiring an additional 48,826 shares during the last quarter. Evoke Wealth LLC grew its stake in Energy Select Sector SPDR Fund by 1,515.6% during the 4th quarter. Evoke Wealth LLC now owns 198,867 shares of the exchange traded fund’s stock worth $16,673,000 after buying an additional 186,558 shares during the last quarter. Finally, Focus Financial Network Inc. ADV bought a new position in Energy Select Sector SPDR Fund during the 4th quarter worth $7,080,000.

Energy Select Sector SPDR Fund Company Profile

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.