CIBC World Markets Inc. Sells 20,496 Shares of Materials Select Sector SPDR (XLB)

CIBC World Markets Inc. decreased its position in Materials Select Sector SPDR (NYSEARCA:XLB) by 27.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 53,273 shares of the exchange traded fund’s stock after selling 20,496 shares during the period. CIBC World Markets Inc.’s holdings in Materials Select Sector SPDR were worth $2,867,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Private Advisor Group LLC boosted its holdings in Materials Select Sector SPDR by 6.6% in the second quarter. Private Advisor Group LLC now owns 47,113 shares of the exchange traded fund’s stock valued at $2,566,000 after acquiring an additional 2,911 shares during the last quarter. AGF Investments Inc. boosted its holdings in Materials Select Sector SPDR by 760.1% in the second quarter. AGF Investments Inc. now owns 559,677 shares of the exchange traded fund’s stock valued at $30,132,000 after acquiring an additional 494,607 shares during the last quarter. Timber Hill LLC boosted its holdings in Materials Select Sector SPDR by 276.5% in the second quarter. Timber Hill LLC now owns 40,060 shares of the exchange traded fund’s stock valued at $2,156,000 after acquiring an additional 62,754 shares during the last quarter. Synovus Financial Corp boosted its holdings in Materials Select Sector SPDR by 17.5% in the second quarter. Synovus Financial Corp now owns 2,952 shares of the exchange traded fund’s stock valued at $159,000 after acquiring an additional 439 shares during the last quarter. Finally, Banque Pictet & Cie SA boosted its holdings in Materials Select Sector SPDR by 0.7% in the second quarter. Banque Pictet & Cie SA now owns 5,541 shares of the exchange traded fund’s stock valued at $298,000 after acquiring an additional 41 shares during the last quarter.

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Materials Select Sector SPDR (NYSEARCA XLB) opened at 55.01 on Monday. Materials Select Sector SPDR has a 12-month low of $45.56 and a 12-month high of $55.92. The company has a 50-day moving average price of $54.57 and a 200 day moving average price of $53.46.

Materials Select Sector SPDR 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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