Alerus Investment Advisors’s State Street Utilities Select Sector SPDR ETF XLU Stock Holding History

Alerus Investment Advisors’s Portfolio XLU Stock Details XLU Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	$9.13M	Sell	367,922 -6,816	-2%	-$157K	1.59%	13
2015 Q4	$8.11M	Buy	374,738 +402	+0.1%	+$8.71K	1.35%	17
2015 Q3	$8.1M	Sell	374,336 -9,128	-2%	-$197K	1.43%	14
2015 Q2	$8.51M	Buy	383,464 +162	+0%	+$3.55K	1.41%	12
2015 Q1	$8.49M	Buy	383,302 +136,720	+55%	+$3.16M	1.41%	12
2014 Q4	$5.82M	Sell	246,582 -2,714	-1%	-$61.4K	0.99%	23
2014 Q3	$5.25M	Buy	249,296 +2,714	+1%	+$57.5K	0.91%	23
2014 Q2	$5.46M	Sell	246,582 -4,270	-2%	-$90.8K	0.94%	21
2014 Q1	$5.2M	Sell	250,852 -22,634	-8%	-$446K	1.12%	25
2013 Q4	$5.19M	Sell	273,486 -104,470	-28%	-$2M	1.14%	29
2013 Q3	$7.06M	Sell	377,956 -60,102	-14%	-$1.15M	1.41%	18
2013 Q2	$8.24M	Buy	+438,058	New	+$8.59M	1.27%	21

Other funds holding XLU

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Citigroup New York $235B AUM 32.99% 1-Year Est. Return

BNP Paribas Financial Markets Paris, France $206B AUM 31.61% 1-Year Est. Return

Commerzbank Aktiengesellschaft Frankfurt, Germany $4.78B AUM 25.31% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

SGI

Swan Global Investments Durango, Colorado $3B AUM 15.66% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

PNC Financial Services Group Pittsburgh, Pennsylvania $173B AUM 20.72% 1-Year Est. Return

Alerus Investment Advisors's XLU Position: Q1 2016 in Review

Alerus Investment Advisors reduced its State Street Utilities Select Sector SPDR ETF (XLU) stake by 1.8% in Q1 2016, selling an estimated $157K and leaving 367,922 shares worth $9.13M. The position accounts for 1.59% of the portfolio, ranked #13.

Alerus Investment Advisors first reported a position in XLU in Q2 2013 and has held it in 12 quarters since. 524 funds tracked by Wall St. Rank hold XLU as of Q1 2016.

Alerus Investment Advisors held 367,922 shares of State Street Utilities Select Sector SPDR ETF worth $9.13M as of Q1 2016.
Alerus Investment Advisors sold 6,816 State Street Utilities Select Sector SPDR ETF shares in Q1 2016, an estimated $157K.
State Street Utilities Select Sector SPDR ETF made up 1.59% of Alerus Investment Advisors's portfolio in Q1 2016, its #13 holding.
Alerus Investment Advisors first reported a position in State Street Utilities Select Sector SPDR ETF in Q2 2013 and has held it in 12 quarters since.
524 funds tracked by Wall St. Rank held State Street Utilities Select Sector SPDR ETF as of Q1 2016.

Based on Alerus Investment Advisors's 13F filing for Q1 2016, filed 4 May 2016.