Energy Select Sector SPDR Fund (NYSEARCA:XLE) Stock Passes Below 200-Day Moving Average of $91.43

Energy Select Sector SPDR Fund (NYSEARCA:XLE)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $91.43 and traded as low as $87.90. Energy Select Sector SPDR Fund shares last traded at $89.12, with a volume of 13,054,821 shares trading hands.

Energy Select Sector SPDR Fund Trading Up 1.2 %

The firm has a market cap of $38.62 billion, a price-to-earnings ratio of 8.52 and a beta of 0.48. The stock has a 50-day moving average of $89.43 and a two-hundred day moving average of $91.43.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of XLE. Mark Sheptoff Financial Planning LLC grew its position in Energy Select Sector SPDR Fund by 80.6% in the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 307 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 137 shares during the last quarter. Able Wealth Management LLC acquired a new position in Energy Select Sector SPDR Fund in the fourth quarter valued at about $26,000. American Capital Advisory LLC bought a new position in shares of Energy Select Sector SPDR Fund in the first quarter worth about $30,000. HHM Wealth Advisors LLC raised its stake in shares of Energy Select Sector SPDR Fund by 363.3% in the second quarter. HHM Wealth Advisors LLC now owns 366 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 287 shares during the last quarter. Finally, LRI Investments LLC bought a new stake in shares of Energy Select Sector SPDR Fund during the first quarter worth approximately $37,000.

About Energy Select Sector SPDR Fund

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.