WealthTrust Fairport LLC trimmed its holdings in shares of Utilities SPDR (NYSE:XLU) by 5.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,438 shares of the exchange traded fund’s stock after selling 1,363 shares during the quarter. WealthTrust Fairport LLC’s holdings in Utilities SPDR were worth $1,322,000 as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of XLU. Mizuho Trust & Banking Co. Ltd. boosted its stake in Utilities SPDR by 820.0% in the second quarter. Mizuho Trust & Banking Co. Ltd. now owns 920,000 shares of the exchange traded fund’s stock valued at $47,803,000 after acquiring an additional 820,000 shares in the last quarter. Florin Court Capital LLP boosted its stake in Utilities SPDR by 123.3% in the second quarter. Florin Court Capital LLP now owns 259,700 shares of the exchange traded fund’s stock valued at $13,494,000 after acquiring an additional 143,400 shares in the last quarter. Wechter Feldman Wealth Management Inc. acquired a new stake in shares of Utilities SPDR during the second quarter worth $9,815,000. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Utilities SPDR by 20.1% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 147,729 shares of the exchange traded fund’s stock worth $7,676,000 after buying an additional 24,735 shares during the period. Finally, Leucadia National Corp lifted its stake in shares of Utilities SPDR by 162.3% during the second quarter. Leucadia National Corp now owns 122,502 shares of the exchange traded fund’s stock worth $6,365,000 after buying an additional 75,794 shares during the period.
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Utilities SPDR (NYSE:XLU) traded down 0.20% on Wednesday, reaching $54.79. 5,989,514 shares of the company were exchanged. Utilities SPDR has a 52 week low of $45.33 and a 52 week high of $55.90. The stock has a 50-day moving average price of $54.34 and a 200 day moving average price of $52.71.
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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