'Best days for utilities, staples sectors are behind us' -portfolio manager

STORY: The S&P 500 has recovered 14% from its mid-June lows and the benchmark index is set to end the year a little above its current level, according to strategists recently polled by Reuters.

Hill said that while his firm was rotating into more high-growth stocks, he wasn't "fully embracing the growth trade overall" and was still in a "value stance" with positions in the energy sector.