Johnson Financial Group Inc. boosted its holdings in shares of Utilities SPDR (NYSEARCA:XLU) by 441.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,058 shares of the exchange traded fund’s stock after buying an additional 18,797 shares during the quarter. Johnson Financial Group Inc.’s holdings in Utilities SPDR were worth $1,215,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Valeo Financial Advisors LLC acquired a new position in Utilities SPDR during the third quarter valued at $109,000. First Interstate Bank lifted its position in Utilities SPDR by 114.0% during the third quarter. First Interstate Bank now owns 2,140 shares of the exchange traded fund’s stock valued at $114,000 after purchasing an additional 1,140 shares during the period. Price Capital Management Inc. acquired a new position in Utilities SPDR during the fourth quarter valued at $158,000. Country Trust Bank lifted its position in Utilities SPDR by 205.3% during the fourth quarter. Country Trust Bank now owns 3,514 shares of the exchange traded fund’s stock valued at $185,000 after purchasing an additional 2,363 shares during the period. Finally, D.A. Davidson & CO. lifted its position in Utilities SPDR by 42.8% during the third quarter. D.A. Davidson & CO. now owns 3,846 shares of the exchange traded fund’s stock valued at $204,000 after purchasing an additional 1,153 shares during the period.
Shares of Utilities SPDR (NYSEARCA:XLU) opened at $50.25 on Friday. The company has a market cap of $6,770.00 and a PE ratio of 15.90. Utilities SPDR has a one year low of $47.37 and a one year high of $57.23.
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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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