Materials Select Sector SPDR (XLB) Stake Lifted by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. raised its position in Materials Select Sector SPDR (NYSEARCA:XLB) by 7.0% during the second quarter, according to its most recent filing with the SEC. The firm owned 323,381 shares of the exchange traded fund’s stock after purchasing an additional 21,134 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Materials Select Sector SPDR were worth $17,401,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. AGF Investments Inc. increased its stake in shares of Materials Select Sector SPDR 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 acquiring an additional 494,607 shares in the last quarter. IndexIQ Advisors LLC increased its stake in shares of Materials Select Sector SPDR 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 acquiring an additional 299,994 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Materials Select Sector SPDR by 15.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 797,432 shares of the exchange traded fund’s stock valued at $42,911,000 after acquiring an additional 109,540 shares in the last quarter. Timber Hill LLC increased its stake in shares of Materials Select Sector SPDR by 276.5% in the 2nd quarter. Timber Hill LLC now owns 40,060 shares of the exchange traded fund’s stock valued at $2,156,000 after acquiring an additional 62,754 shares in the last quarter. Finally, Buckingham Asset Management LLC bought a new stake in shares of Materials Select Sector SPDR in the 2nd quarter valued at $1,205,000.

Materials Select Sector SPDR (NYSEARCA XLB) traded down 0.04% during mid-day trading on Friday, hitting $55.01. 2,719,220 shares of the stock traded hands. Materials Select Sector SPDR has a 1-year low of $45.56 and a 1-year high of $55.92. The company has a 50-day moving average of $54.57 and a 200 day moving average of $53.46.

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About Materials Select Sector SPDR

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 (NYSEARCA:XLB)

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