Materials Select Sector SPDR (XLB) Shares Bought by Cypress Capital Management LLC WY

Cypress Capital Management LLC WY increased its holdings in shares of Materials Select Sector SPDR (NYSEARCA:XLB) by 95.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,065 shares of the exchange traded fund’s stock after buying an additional 5,900 shares during the quarter. Cypress Capital Management LLC WY’s holdings in Materials Select Sector SPDR were worth $685,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in shares of Materials Select Sector SPDR by 15.9% during the second quarter. JPMorgan Chase & Co. now owns 797,432 shares of the exchange traded fund’s stock valued at $42,911,000 after buying an additional 109,540 shares in the last quarter. AGF Investments Inc. grew its holdings in shares of Materials Select Sector SPDR by 760.1% during the second quarter. AGF Investments Inc. now owns 559,677 shares of the exchange traded fund’s stock valued at $30,132,000 after buying an additional 494,607 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Materials Select Sector SPDR by 7.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 323,381 shares of the exchange traded fund’s stock valued at $17,401,000 after purchasing an additional 21,134 shares in the last quarter. IndexIQ Advisors LLC grew its stake in Materials Select Sector SPDR by 1,435.1% in the second quarter. IndexIQ Advisors LLC now owns 320,898 shares of the exchange traded fund’s stock valued at $17,267,000 after purchasing an additional 299,994 shares in the last quarter. Finally, State Street Corp purchased a new position in Materials Select Sector SPDR in the second quarter valued at about $14,811,000.

Shares of Materials Select Sector SPDR (NYSEARCA:XLB) traded down $0.35 during midday trading on Thursday, reaching $57.53. The company’s stock had a trading volume of 5,480,600 shares, compared to its average volume of 4,304,108. Materials Select Sector SPDR has a 1 year low of $48.14 and a 1 year high of $59.62.

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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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