Trustcore Financial Services LLC Cuts Stake in Energy Select Sector SPDR (XLE)

Trustcore Financial Services LLC lowered its holdings in Energy Select Sector SPDR (NYSEARCA:XLE) by 21.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,548 shares of the exchange traded fund’s stock after selling 417 shares during the quarter. Trustcore Financial Services LLC’s holdings in Energy Select Sector SPDR were worth $89,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Morgan Stanley grew its position in Energy Select Sector SPDR by 12.2% during the third quarter. Morgan Stanley now owns 11,701,493 shares of the exchange traded fund’s stock valued at $886,270,000 after buying an additional 1,267,761 shares during the period. JPMorgan Chase & Co. grew its position in Energy Select Sector SPDR by 19.6% during the third quarter. JPMorgan Chase & Co. now owns 3,625,097 shares of the exchange traded fund’s stock valued at $274,565,000 after buying an additional 594,481 shares during the period. Lockheed Martin Investment Management Co. grew its position in Energy Select Sector SPDR by 16.8% during the fourth quarter. Lockheed Martin Investment Management Co. now owns 3,571,621 shares of the exchange traded fund’s stock valued at $204,832,000 after buying an additional 513,067 shares during the period. TD Asset Management Inc. grew its position in Energy Select Sector SPDR by 10.8% during the third quarter. TD Asset Management Inc. now owns 2,020,300 shares of the exchange traded fund’s stock valued at $153,018,000 after buying an additional 197,300 shares during the period. Finally, Alliancebernstein L.P. grew its position in Energy Select Sector SPDR by 1.7% during the third quarter. Alliancebernstein L.P. now owns 1,450,417 shares of the exchange traded fund’s stock valued at $109,855,000 after buying an additional 24,227 shares during the period.

XLE stock traded up $0.30 during midday trading on Monday, hitting $63.24. 12,492,936 shares of the stock traded hands, compared to its average volume of 14,676,904. Energy Select Sector SPDR has a 1-year low of $53.36 and a 1-year high of $79.42.

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Energy Select Sector SPDR 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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Institutional Ownership by Quarter for Energy Select Sector SPDR (NYSEARCA:XLE)

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