Materials Select Sector SPDR (XLB) Holdings Trimmed by Texas Permanent School Fund

Texas Permanent School Fund lessened its position in shares of Materials Select Sector SPDR (NYSEARCA:XLB) by 30.9% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 7,013 shares of the exchange traded fund’s stock after selling 3,130 shares during the quarter. Texas Permanent School Fund’s holdings in Materials Select Sector SPDR were worth $424,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in XLB. Mizuho Trust & Banking Co. Ltd. acquired a new stake in shares of Materials Select Sector SPDR during the 4th quarter worth approximately $13,317,000. Contravisory Investment Management Inc. grew its position in shares of Materials Select Sector SPDR by 58.3% during the 4th quarter. Contravisory Investment Management Inc. now owns 5,792 shares of the exchange traded fund’s stock worth $351,000 after buying an additional 2,132 shares during the period. BKD Wealth Advisors LLC grew its position in shares of Materials Select Sector SPDR by 5.8% during the 4th quarter. BKD Wealth Advisors LLC now owns 33,305 shares of the exchange traded fund’s stock worth $2,016,000 after buying an additional 1,838 shares during the period. Hirtle Callaghan & Co LLC grew its position in shares of Materials Select Sector SPDR by 3.9% during the 4th quarter. Hirtle Callaghan & Co LLC now owns 140,765 shares of the exchange traded fund’s stock worth $8,521,000 after buying an additional 5,330 shares during the period. Finally, Benjamin F. Edwards & Company Inc. grew its position in shares of Materials Select Sector SPDR by 38.0% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 73,120 shares of the exchange traded fund’s stock worth $4,426,000 after buying an additional 20,151 shares during the period.

Shares of Materials Select Sector SPDR (NYSEARCA:XLB) opened at $60.48 on Monday. The company has a market cap of $5,080.00 and a P/E ratio of -8.12. 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 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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