Investors bought shares of Energy Select Sector SPDR (NYSEARCA:XLE) on weakness during trading hours on Wednesday. $201.67 million flowed into the stock on the tick-up and $95.29 million flowed out of the stock on the tick-down, for a money net flow of $106.38 million into the stock. Of all companies tracked, Energy Select Sector SPDR had the 2nd highest net in-flow for the day. Energy Select Sector SPDR traded down ($0.77) for the day and closed at $67.37

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wealthfront Inc. increased its stake in shares of Energy Select Sector SPDR by 12.8% in the third quarter. Wealthfront Inc. now owns 2,219,306 shares of the exchange traded fund’s stock valued at $151,978,000 after purchasing an additional 252,695 shares during the period. SCS Capital Management LLC acquired a new stake in shares of Energy Select Sector SPDR in the third quarter valued at approximately $14,184,000. Tiff Advisory Services Inc. increased its stake in shares of Energy Select Sector SPDR by 13.4% in the third quarter. Tiff Advisory Services Inc. now owns 649,565 shares of the exchange traded fund’s stock valued at $44,482,000 after purchasing an additional 76,565 shares during the period. Madison Investment Holdings Inc. increased its stake in shares of Energy Select Sector SPDR by 214.5% in the third quarter. Madison Investment Holdings Inc. now owns 101,948 shares of the exchange traded fund’s stock valued at $6,981,000 after purchasing an additional 69,529 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in shares of Energy Select Sector SPDR by 17.7% in the third quarter. Envestnet Asset Management Inc. now owns 385,213 shares of the exchange traded fund’s stock valued at $26,378,000 after purchasing an additional 57,977 shares during the period.

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Energy Select Sector SPDR 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.

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