Utilities SPDR (XLU) is Swan Global Investments LLC’s 6th Largest Position
Swan Global Investments LLC lifted its position in Utilities SPDR (NYSEARCA:XLU) by 6.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,262,061 shares of the exchange traded fund’s stock after buying an additional 421,127 shares during the period. Utilities SPDR makes up about 8.9% of Swan Global Investments LLC’s investment portfolio, making the stock its 6th biggest position. Swan Global Investments LLC owned approximately 5.22% of Utilities SPDR worth $385,543,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in XLU. Leucadia National Corp raised its holdings in Utilities SPDR by 162.3% in the 2nd quarter. Leucadia National Corp now owns 122,502 shares of the exchange traded fund’s stock worth $6,365,000 after purchasing an additional 75,794 shares during the period. Spinnaker Trust bought a new position in Utilities SPDR in the 3rd quarter worth $3,191,000. Prudential Financial Inc. raised its holdings in Utilities SPDR by 63.9% in the 2nd quarter. Prudential Financial Inc. now owns 10,000 shares of the exchange traded fund’s stock worth $520,000 after purchasing an additional 3,900 shares during the period. UBS Asset Management Americas Inc. raised its holdings in Utilities SPDR by 5.7% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 86,350 shares of the exchange traded fund’s stock worth $4,487,000 after purchasing an additional 4,659 shares during the period. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in Utilities SPDR by 88.7% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 220,294 shares of the exchange traded fund’s stock worth $11,446,000 after purchasing an additional 103,559 shares during the period.
Shares of Utilities SPDR (NYSEARCA:XLU) traded down $0.18 during trading on Friday, reaching $56.20. The company had a trading volume of 11,441,000 shares, compared to its average volume of 12,015,828. Utilities SPDR has a one year low of $46.04 and a one year high of $57.23.
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About Utilities SPDR
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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