Wrapmanager Inc. increased its stake in shares of Materials Select Sector SPDR (NYSEARCA:XLB) by 15.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,505 shares of the exchange traded fund’s stock after buying an additional 721 shares during the period. Wrapmanager Inc.’s holdings in Materials Select Sector SPDR were worth $296,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Country Trust Bank boosted its stake in shares of Materials Select Sector SPDR by 0.5% in the second quarter. Country Trust Bank now owns 123,212 shares of the exchange traded fund’s stock valued at $6,630,000 after buying an additional 667 shares during the period. Benjamin F. Edwards & Company Inc. boosted 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 valued at $2,604,000 after buying an additional 4,931 shares during the period. Bray Capital Advisors boosted 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 valued at $1,633,000 after buying an additional 690 shares during the period. Harel Insurance Investments & Financial Services Ltd. boosted its stake in shares of Materials Select Sector SPDR by 147.8% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 26,195 shares of the exchange traded fund’s stock valued at $1,408,000 after buying an additional 15,622 shares during the period. Finally, Mechanics Bank Trust Department boosted 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 valued at $1,177,000 after buying an additional 1,101 shares during the period.

Shares of Materials Select Sector SPDR (XLB) opened at 53.99 on Wednesday. Materials Select Sector SPDR has a 52 week low of $45.56 and a 52 week high of $55.92. The company has a 50 day moving average price of $54.58 and a 200 day moving average price of $53.18.

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Materials Select Sector SPDR Company 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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