This article first appeared on GuruFocus.
State Street Energy Select Sector SPDR ETF (XLE) was the sole seller among the ETFs tracked, with no funds buying on Wednesday. The $41.97 billion fund recorded $312.6 million in gross ETF activity, all of it sales, reducing all 21 of its positions and adding no new ones. Net flow was -$312.6 million.
What did XLE sell on Wednesday?
Its largest sells by dollar value were XOM ($75.9 million), CVX ($58.3 million) and COP ($22.4 million).
The largest sale was Exxon Mobil, where XLE cut 448,641 shares for $75.9 million, leaving a 24.3% weight. Chevron followed with 268,670 shares sold for $58.3 million at an 18.65% weight, then ConocoPhillips with 163,340 shares for $22.4 million. Phillips 66 shed 55,318 shares for $14.4 million and Marathon Petroleum 36,093 shares for $14.2 million. No new positions were opened and no holdings were fully exited.
How does XLE invest?
XLE is an Equity Theme – Natural Resources fund holding 21 stocks, with 78.9% of assets in its 10 largest holdings. Energy accounts for 100.0% of the stocks that could be classified, and the portfolio is 100.0% large-cap. It charges an expense ratio of 0.08%. Its top holdings are Exxon Mobil at 24.3%, Chevron at 18.65%, ConocoPhillips at 7.16%, Phillips 66 at 4.59% and Marathon Petroleum at 4.53%. The fund has a GF Score of 70, a P/E of 14.01, a P/B of 2.01, a dividend yield of 2.47% and a year-to-date return of 40.58%.
State Street Energy Select Sector SPDR ETF (XLE) at a glance
See the full State Street Energy Select Sector SPDR ETF profile, or compare it with similar funds in the ETF Screener. For the stock behind its biggest sell, see XOM’s GF Value page and guru trades.
What should investors watch next for XLE?
With every position trimmed and no buys, watch whether XLE keeps shrinking its holdings or rebuilds cash into its top names at the next update. Any move in the Exxon and Chevron weights, which together dominate the fund, will be the key signal.
Based on holdings changes reported by State Street Energy Select Sector SPDR ETF (XLE) for Nov. 4, 2026, US-listed stocks only.
Looking for a fund? Use the ETF Screener, and follow daily fund activity on the ETF Trends page.
What else did ETFs trade on Wednesday?
Source: finance.yahoo.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.
