Captrust Financial Advisors reduced its position in shares of Materials Select Sector SPDR (NYSEARCA:XLB) by 4.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,484 shares of the exchange traded fund’s stock after selling 325 shares during the quarter. Captrust Financial Advisors’ holdings in Materials Select Sector SPDR were worth $349,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Sei Investments Co. raised its stake in Materials Select Sector SPDR by 181.6% during the 2nd quarter. Sei Investments Co. now owns 2,320 shares of the exchange traded fund’s stock valued at $125,000 after purchasing an additional 1,496 shares during the period. Endurance Wealth Management Inc. raised its stake in Materials Select Sector SPDR by 7.8% during the 2nd quarter. Endurance Wealth Management Inc. now owns 2,480 shares of the exchange traded fund’s stock valued at $133,000 after purchasing an additional 180 shares during the period. Daiwa Securities Group Inc. raised its stake in Materials Select Sector SPDR by 16.0% during the 2nd quarter. Daiwa Securities Group Inc. now owns 2,900 shares of the exchange traded fund’s stock valued at $156,000 after purchasing an additional 400 shares during the period. Synovus Financial Corp raised its stake in Materials Select Sector SPDR by 17.5% during the 2nd quarter. Synovus Financial Corp now owns 2,952 shares of the exchange traded fund’s stock valued at $159,000 after purchasing an additional 439 shares during the period. Finally, MCF Advisors LLC raised its stake in Materials Select Sector SPDR by 0.5% during the 2nd quarter. MCF Advisors LLC now owns 3,360 shares of the exchange traded fund’s stock valued at $181,000 after purchasing an additional 16 shares during the period.

Shares of Materials Select Sector SPDR (XLB) traded down 0.05% during mid-day trading on Friday, reaching $56.04. 572,147 shares of the company’s stock traded hands. Materials Select Sector SPDR has a 52 week low of $45.56 and a 52 week high of $56.46. The company’s 50 day moving average is $54.65 and its 200-day moving average is $53.56.

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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.

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

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