Utilities SPDR (XLU) Shares Bought by Sigma Planning Corp
Sigma Planning Corp increased its position in shares of Utilities SPDR (NYSE:XLU) by 30.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 43,369 shares of the exchange traded fund’s stock after buying an additional 10,054 shares during the period. Sigma Planning Corp’s holdings in Utilities SPDR were worth $2,253,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Sei Investments Co. increased its position in shares of Utilities SPDR by 11,337.5% in the second quarter. Sei Investments Co. now owns 3,660 shares of the exchange traded fund’s stock worth $190,000 after buying an additional 3,628 shares during the last quarter. Ingalls & Snyder LLC increased its position in shares of Utilities SPDR by 0.8% in the second quarter. Ingalls & Snyder LLC now owns 4,187 shares of the exchange traded fund’s stock worth $218,000 after buying an additional 35 shares during the last quarter. CAPROCK Group Inc. bought a new position in shares of Utilities SPDR during the second quarter worth approximately $229,000. Ferguson Wellman Capital Management Inc. bought a new position in shares of Utilities SPDR during the second quarter worth approximately $236,000. Finally, Granite Investment Advisors LLC increased its position in shares of Utilities SPDR by 3.5% in the second quarter. Granite Investment Advisors LLC now owns 4,787 shares of the exchange traded fund’s stock worth $251,000 after buying an additional 163 shares during the last quarter.
Utilities SPDR (NYSE XLU) opened at 53.74 on Friday. Utilities SPDR has a 12 month low of $45.33 and a 12 month high of $54.63. The company’s 50-day moving average is $52.75 and its 200-day moving average is $51.82. Utilities SPDR also was the target of some unusual options trading activity on Wednesday. Investors acquired 17,074 call options on the company. This represents an increase of 165% compared to the typical daily volume of 6,448 call options.
Utilities SPDR Company 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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