Materials Select Sector SPDR ETF (XLB) Shares Bought by CHURCHILL MANAGEMENT Corp

CHURCHILL MANAGEMENT Corp boosted its position in shares of Materials Select Sector SPDR ETF (NYSEARCA:XLB) by 74.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,062,019 shares of the exchange traded fund’s stock after acquiring an additional 452,777 shares during the quarter. Materials Select Sector SPDR ETF accounts for approximately 1.4% of CHURCHILL MANAGEMENT Corp’s investment portfolio, making the stock its 14th biggest position. CHURCHILL MANAGEMENT Corp’s holdings in Materials Select Sector SPDR ETF were worth $64,284,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in XLB. Swan Global Investments LLC raised its position in Materials Select Sector SPDR ETF by 6.2% in the 3rd quarter. Swan Global Investments LLC now owns 7,092,240 shares of the exchange traded fund’s stock valued at $402,839,000 after purchasing an additional 411,014 shares in the last quarter. JPMorgan Chase & Co. raised its position in Materials Select Sector SPDR ETF by 74.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,389,923 shares of the exchange traded fund’s stock valued at $78,948,000 after purchasing an additional 592,491 shares in the last quarter. Conservest Capital Advisors Inc. raised its position in Materials Select Sector SPDR ETF by 0.5% in the 4th quarter. Conservest Capital Advisors Inc. now owns 473,143 shares of the exchange traded fund’s stock valued at $28,639,000 after purchasing an additional 2,333 shares in the last quarter. Envestnet Asset Management Inc. raised its position in Materials Select Sector SPDR ETF by 25.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 334,971 shares of the exchange traded fund’s stock valued at $19,027,000 after purchasing an additional 68,813 shares in the last quarter. Finally, State Street Corp acquired a new stake in Materials Select Sector SPDR ETF in the 2nd quarter valued at about $14,811,000.

Materials Select Sector SPDR ETF (NYSEARCA:XLB) traded up $0.82 during mid-day trading on Thursday, reaching $63.29. The company’s stock had a trading volume of 5,821,321 shares, compared to its average volume of 5,257,434. The firm has a market cap of $5,350.00 and a price-to-earnings ratio of -8.50. Materials Select Sector SPDR ETF has a 52 week low of $50.45 and a 52 week high of $63.32.

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 26th. Shareholders of record on Monday, December 18th were given a $0.2879 dividend. This represents a $1.15 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date was Friday, December 15th. Materials Select Sector SPDR ETF’s dividend payout ratio is currently -13.56%.

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About Materials Select Sector SPDR ETF

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 ETF (NYSEARCA:XLB)

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