Stillwater Investment Management, LLC Buys SPDR Select Sector Fund - Health Care, The Communication Services Select Sector SPDR Fund, SPDR Select Sector Fund - Utilities, Sells The Travelers Inc, iShares Russell 2000 Value, International Business Machines

• New Purchases: XLU,
• Added Positions: IVV, XLV, XLC, IWM, BRK.B, XLE, XLK, MSFT, XLB, SPY, DIS, CSCO, INTC, JPM, V, UNH, GOOG, T, VZ, USB, PEP, MRK, HD, GILD, CME, CVX, BA, XLI,
• Reduced Positions: IWR, AAPL, MMM, KO, DEO, CMI, ORCL, XOM, MPC, COST, GS, PFE, FB, AMZN, CAT, BAX, PSX, COP,
• Sold Out: TRV, IWN, IBM, XLP,

For the details of Stillwater Investment Management, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/stillwater+investment+management%2C+llc/current-portfolio/portfolio

1. iShares Core S&P 500 (IVV) - 216,015 shares, 26.57% of the total portfolio. Shares added by 1.89%
2. iShares Russell Mid-Cap (IWR) - 351,912 shares, 7.23% of the total portfolio. Shares reduced by 4.16%
3. Apple Inc (AAPL) - 42,354 shares, 5.13% of the total portfolio. Shares reduced by 3.58%
4. iShares Russell 2000 (IWM) - 84,833 shares, 4.62% of the total portfolio. Shares added by 4.77%
5. Amazon.com Inc (AMZN) - 3,854 shares, 3.58% of the total portfolio. Shares reduced by 1.1%

Stillwater Investment Management, LLC initiated holding in SPDR Select Sector Fund - Utilities. The purchase prices were between $44.93 and $70.98, with an estimated average price of $64.36. The stock is now traded at around $51.81. The impact to a portfolio due to this purchase was 0.18%. The holding were 6,957 shares as of .

Stillwater Investment Management, LLC added to a holding in SPDR Select Sector Fund - Health Care by 21.88%. The purchase prices were between $74.62 and $104.73, with an estimated average price of $97.73. The stock is now traded at around $86.58. The impact to a portfolio due to this purchase was 0.26%. The holding were 34,935 shares as of .

Stillwater Investment Management, LLC added to a holding in The Communication Services Select Sector SPDR Fund by 87.58%. The purchase prices were between $40.32 and $57.58, with an estimated average price of $52.1. The stock is now traded at around $42.06. The impact to a portfolio due to this purchase was 0.22%. The holding were 22,928 shares as of .

Stillwater Investment Management, LLC added to a holding in UnitedHealth Group Inc by 26.72%. The purchase prices were between $194.86 and $305.31, with an estimated average price of $276.19. The stock is now traded at around $229.88. The impact to a portfolio due to this purchase was 0.03%. The holding were 1,015 shares as of .

Stillwater Investment Management, LLC sold out a holding in The Travelers Companies Inc. The sale prices were between $81.69 and $141.34, with an estimated average price of $125.01.

Stillwater Investment Management, LLC sold out a holding in iShares Russell 2000 Value. The sale prices were between $71.38 and $128.75, with an estimated average price of $111.58.

Stillwater Investment Management, LLC sold out a holding in International Business Machines Corp. The sale prices were between $94.77 and $156.76, with an estimated average price of $132.68.

Stillwater Investment Management, LLC sold out a holding in SPDR Select Sector Fund - Consumer Staples. The sale prices were between $48.63 and $64.79, with an estimated average price of $61.