Materials Select Sector SPDR ETF (XLB) Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its position in Materials Select Sector SPDR ETF (NYSEARCA:XLB) by 74.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,389,923 shares of the exchange traded fund’s stock after acquiring an additional 592,491 shares during the quarter. JPMorgan Chase & Co. owned approximately 1.82% of Materials Select Sector SPDR ETF worth $78,948,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Sei Investments Co. lifted its position in Materials Select Sector SPDR ETF by 181.6% in the 2nd quarter. Sei Investments Co. now owns 2,320 shares of the exchange traded fund’s stock worth $125,000 after buying an additional 1,496 shares in the last quarter. Endurance Wealth Management Inc. lifted its position in Materials Select Sector SPDR ETF by 7.8% in the 2nd quarter. Endurance Wealth Management Inc. now owns 2,480 shares of the exchange traded fund’s stock worth $133,000 after buying an additional 180 shares in the last quarter. Aviance Capital Management LLC purchased a new stake in Materials Select Sector SPDR ETF in the 2nd quarter worth approximately $149,000. Daiwa Securities Group Inc. lifted its position in Materials Select Sector SPDR ETF by 16.0% in the 2nd quarter. Daiwa Securities Group Inc. now owns 2,900 shares of the exchange traded fund’s stock worth $156,000 after buying an additional 400 shares in the last quarter. Finally, Synovus Financial Corp lifted its position in Materials Select Sector SPDR ETF by 17.5% in the 2nd quarter. Synovus Financial Corp now owns 2,952 shares of the exchange traded fund’s stock worth $159,000 after buying an additional 439 shares in the last quarter.

Materials Select Sector SPDR ETF (XLB) traded down $0.34 during mid-day trading on Wednesday, reaching $59.04. 8,226,800 shares of the company’s stock were exchanged, compared to its average volume of 4,320,139. Materials Select Sector SPDR ETF has a 12 month low of $49.50 and a 12 month high of $60.17.

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Materials Select Sector SPDR ETF Profile

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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