The Manufacturers Life Insurance Company raised its position in shares of Materials Select Sector SPDR (NYSEARCA:XLB) by 9.6% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 56,811 shares of the exchange traded fund’s stock after purchasing an additional 4,986 shares during the period. The Manufacturers Life Insurance Company ‘s holdings in Materials Select Sector SPDR were worth $3,056,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. AGF Investments Inc. raised its position in shares of Materials Select Sector SPDR by 760.1% during the 2nd quarter. AGF Investments Inc. now owns 559,677 shares of the exchange traded fund’s stock worth $30,132,000 after buying an additional 494,607 shares in the last quarter. IndexIQ Advisors LLC raised its position in shares of Materials Select Sector SPDR by 1,435.1% during the 2nd quarter. IndexIQ Advisors LLC now owns 320,898 shares of the exchange traded fund’s stock worth $17,267,000 after buying an additional 299,994 shares in the last quarter. State Street Corp bought a new stake in shares of Materials Select Sector SPDR during the 2nd quarter worth about $14,811,000. JPMorgan Chase & Co. raised its position in shares of Materials Select Sector SPDR by 15.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 797,432 shares of the exchange traded fund’s stock worth $42,911,000 after buying an additional 109,540 shares in the last quarter. Finally, Hanlon Investment Management Inc. raised its position in shares of Materials Select Sector SPDR by 522.9% during the 2nd quarter. Hanlon Investment Management Inc. now owns 115,021 shares of the exchange traded fund’s stock worth $6,189,000 after buying an additional 96,557 shares in the last quarter.

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Shares of Materials Select Sector SPDR (NYSEARCA:XLB) opened at $58.83 on Friday. Materials Select Sector SPDR has a fifty-two week low of $46.12 and a fifty-two week high of $59.62.

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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