Materials Select Sector SPDR (XLB) Shares Bought by Pinnacle Financial Partners Inc.

Pinnacle Financial Partners Inc. lifted its holdings in Materials Select Sector SPDR (NYSEARCA:XLB) by 18.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,653 shares of the exchange traded fund’s stock after buying an additional 1,205 shares during the period. Pinnacle Financial Partners Inc.’s holdings in Materials Select Sector SPDR were worth $463,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of the company. Cetera Investment Advisers lifted its stake in shares of Materials Select Sector SPDR by 30.2% in the fourth quarter. Cetera Investment Advisers now owns 5,006 shares of the exchange traded fund’s stock worth $301,000 after buying an additional 1,162 shares in the last quarter. Cetera Advisors LLC purchased a new position in shares of Materials Select Sector SPDR in the fourth quarter worth about $754,000. Carnick & Kubik Group LLC lifted its stake in shares of Materials Select Sector SPDR by 8.4% in the fourth quarter. Carnick & Kubik Group LLC now owns 26,378 shares of the exchange traded fund’s stock worth $1,596,000 after buying an additional 2,051 shares in the last quarter. Cranbrook Wealth Management LLC lifted its stake in shares of Materials Select Sector SPDR by 1.8% in the fourth quarter. Cranbrook Wealth Management LLC now owns 61,562 shares of the exchange traded fund’s stock worth $3,726,000 after buying an additional 1,066 shares in the last quarter. Finally, Wealth Advisors of Tampa Bay LLC purchased a new position in shares of Materials Select Sector SPDR in the fourth quarter worth about $1,284,000.

Materials Select Sector SPDR (NYSEARCA XLB) opened at $60.25 on Thursday. The firm has a market cap of $5,100.00 and a PE ratio of -8.09. Materials Select Sector SPDR has a 52 week low of $51.04 and a 52 week high of $64.17.

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Materials Select Sector SPDR Company 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 (NYSEARCA:XLB)

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