SPY News: Why are Hedge Funds Bullish on The Utilities Select Sector SPDR Fund (XLU) Now? - 30th Jul 2024, 9:12am

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We recently compiled a list of the 191.50% in 3 Years: Peconic Hedge Fund's Top 10 Stock Picks. In this article, we are going to take a look at where The Utilities Select Sector SPDR Fund (NYSE:XLU) stands against the other stocks.

Established in 1997, Peconic Partners is a hedge fund manager based in New York, under the leadership of William Harnisch. The firm manages both its capital and that of its clients, using long/short equity hedge fund strategies. It also follows a thematic investment ...

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