Proffitt & Goodson Inc. Sells 1,432 Shares of Materials Select Sector SPDR (NYSEARCA:XLB)

Proffitt & Goodson Inc. reduced its stake in shares of Materials Select Sector SPDR (NYSEARCA:XLB) by 12.4% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,123 shares of the exchange traded fund’s stock after selling 1,432 shares during the period. Proffitt & Goodson Inc.’s holdings in Materials Select Sector SPDR were worth $576,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of XLB. CHURCHILL MANAGEMENT Corp boosted its position in shares of Materials Select Sector SPDR by 74.3% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 1,062,019 shares of the exchange traded fund’s stock worth $64,284,000 after buying an additional 452,777 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Materials Select Sector SPDR by 6.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 377,175 shares of the exchange traded fund’s stock worth $22,830,000 after buying an additional 23,813 shares in the last quarter. Dupont Capital Management Corp boosted its position in shares of Materials Select Sector SPDR by 1,183.8% in the 1st quarter. Dupont Capital Management Corp now owns 359,455 shares of the exchange traded fund’s stock worth $20,467,000 after buying an additional 331,455 shares in the last quarter. LPL Financial LLC boosted its position in shares of Materials Select Sector SPDR by 8.3% in the 4th quarter. LPL Financial LLC now owns 355,873 shares of the exchange traded fund’s stock worth $21,541,000 after buying an additional 27,271 shares in the last quarter. Finally, Meitav Dash Investments Ltd. purchased a new stake in shares of Materials Select Sector SPDR in the 4th quarter worth about $21,377,000.

Shares of Materials Select Sector SPDR traded up $0.10, hitting $59.88, on Friday, Marketbeat reports. The company’s stock had a trading volume of 179,067 shares, compared to its average volume of 7,053,047. Materials Select Sector SPDR has a 52-week low of $58.99 and a 52-week high of $59.51.



Materials Select Sector SPDR 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.

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

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