First Allied Advisory Services Inc. lessened its position in shares of Materials Select Sector SPDR ETF (NYSEARCA:XLB) by 59.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,921 shares of the exchange traded fund’s stock after selling 28,089 shares during the period. First Allied Advisory Services Inc.’s holdings in Materials Select Sector SPDR ETF were worth $1,071,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of XLB. JPMorgan Chase & Co. boosted its holdings in shares of Materials Select Sector SPDR ETF by 74.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,389,923 shares of the exchange traded fund’s stock valued at $78,948,000 after buying an additional 592,491 shares in the last quarter. AGF Investments Inc. boosted its holdings in shares of Materials Select Sector SPDR ETF by 760.1% in the 2nd quarter. AGF Investments Inc. now owns 559,677 shares of the exchange traded fund’s stock valued at $30,132,000 after buying an additional 494,607 shares in the last quarter. Swan Global Investments LLC boosted its holdings in shares of Materials Select Sector SPDR ETF by 6.2% in the 3rd quarter. Swan Global Investments LLC now owns 7,092,240 shares of the exchange traded fund’s stock valued at $402,839,000 after buying an additional 411,014 shares in the last quarter. IndexIQ Advisors LLC boosted its holdings in shares of Materials Select Sector SPDR ETF by 1,435.1% in the 2nd quarter. IndexIQ Advisors LLC now owns 320,898 shares of the exchange traded fund’s stock valued at $17,267,000 after buying an additional 299,994 shares in the last quarter. Finally, State Street Corp acquired a new position in shares of Materials Select Sector SPDR ETF in the 2nd quarter valued at $14,811,000.

Shares of Materials Select Sector SPDR ETF (NYSEARCA:XLB) traded up $0.09 during trading on Monday, hitting $59.52. 5,135,100 shares of the stock traded hands, compared to its average volume of 4,319,267. Materials Select Sector SPDR ETF has a fifty-two week low of $49.50 and a fifty-two week high of $60.17.

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About Materials Select Sector SPDR ETF

Materials Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Materials Select Sector Index (the Index). The Index includes companies involved in such industries as chemicals; metals and mining; paper and forest products; containers and packaging, and construction materials.

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Institutional Ownership by Quarter for Materials Select Sector SPDR ETF (NYSEARCA:XLB)

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