Energy Select Sector SPDR Fund (NYSEARCA:XLE) Stock Crosses Above Fifty Day Moving Average of $60.56

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Energy Select Sector SPDR Fund (NYSEARCA:XLE) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $60.56 and traded as high as $56.73. Energy Select Sector SPDR Fund shares last traded at $55.75, with a volume of 388,428 shares trading hands.

The company’s 50 day moving average price is $60.41 and its 200 day moving average price is $63.46.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Interactive Financial Advisors grew its holdings in shares of Energy Select Sector SPDR Fund by 10.5% during the first quarter. Interactive Financial Advisors now owns 7,193 shares of the exchange traded fund’s stock valued at $476,000 after buying an additional 684 shares during the last quarter. Meridian Wealth Management LLC purchased a new stake in Energy Select Sector SPDR Fund in the first quarter worth approximately $31,000. Full Sail Capital LLC boosted its holdings in Energy Select Sector SPDR Fund by 93.8% in the first quarter. Full Sail Capital LLC now owns 46,973 shares of the exchange traded fund’s stock worth $3,106,000 after purchasing an additional 22,734 shares during the last quarter. Cerebellum GP LLC boosted its holdings in Energy Select Sector SPDR Fund by 14.2% in the first quarter. Cerebellum GP LLC now owns 4,969 shares of the exchange traded fund’s stock worth $329,000 after purchasing an additional 616 shares during the last quarter. Finally, Advisory Resource Group boosted its holdings in Energy Select Sector SPDR Fund by 6.8% in the first quarter. Advisory Resource Group now owns 16,316 shares of the exchange traded fund’s stock worth $1,040,000 after purchasing an additional 1,041 shares during the last quarter.

Energy Select Sector SPDR Fund Company Profile (NYSEARCA:XLE)

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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