Alps Advisors Inc. decreased its position in Materials Select Sector SPDR (NYSEARCA:XLB) by 0.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 304,368 shares of the exchange traded fund’s stock after selling 2,434 shares during the period. Alps Advisors Inc.’s holdings in Materials Select Sector SPDR were worth $16,378,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. Bray Capital Advisors increased its stake in shares of Materials Select Sector SPDR by 2.3% in the second quarter. Bray Capital Advisors now owns 30,341 shares of the exchange traded fund’s stock worth $1,633,000 after buying an additional 690 shares during the last quarter. MCF Advisors LLC increased its stake in shares of Materials Select Sector SPDR by 0.5% in the second quarter. MCF Advisors LLC now owns 3,360 shares of the exchange traded fund’s stock worth $181,000 after buying an additional 16 shares during the last quarter. Mechanics Bank Trust Department increased its stake in shares of Materials Select Sector SPDR by 5.3% in the second quarter. Mechanics Bank Trust Department now owns 21,868 shares of the exchange traded fund’s stock worth $1,177,000 after buying an additional 1,101 shares during the last quarter. Ferguson Wellman Capital Management Inc. increased its stake in shares of Materials Select Sector SPDR by 2.6% in the second quarter. Ferguson Wellman Capital Management Inc. now owns 3,980 shares of the exchange traded fund’s stock worth $214,000 after buying an additional 100 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. increased its stake in shares of Materials Select Sector SPDR by 11.3% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 48,395 shares of the exchange traded fund’s stock worth $2,604,000 after buying an additional 4,931 shares during the last quarter.

Shares of Materials Select Sector SPDR (NYSEARCA XLB) opened at 53.99 on Wednesday. Materials Select Sector SPDR has a one year low of $45.56 and a one year high of $55.92. The firm has a 50-day moving average price of $54.58 and a 200 day moving average price of $53.18.

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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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