Chartist Inc. CA Has $658,000 Holdings in Materials Select Sector SPDR (XLB)

Chartist Inc. CA decreased its holdings in Materials Select Sector SPDR (NYSEARCA:XLB) by 3.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,235 shares of the exchange traded fund’s stock after selling 414 shares during the quarter. Materials Select Sector SPDR accounts for about 0.3% of Chartist Inc. CA’s portfolio, making the stock its 16th largest holding. Chartist Inc. CA’s holdings in Materials Select Sector SPDR were worth $658,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. AGF Investments Inc. raised its position in shares of Materials Select Sector SPDR by 760.1% in the 2nd 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. IndexIQ Advisors LLC raised its position in shares of Materials Select Sector SPDR by 1,435.1% in the 2nd quarter. IndexIQ Advisors LLC now owns 320,898 shares of the exchange traded fund’s stock valued at $17,267,000 after buying an additional 299,994 shares in the last quarter. State Street Corp acquired a new position in shares of Materials Select Sector SPDR in the 2nd quarter valued at approximately $14,811,000. JPMorgan Chase & Co. raised its position in shares of Materials Select Sector SPDR by 15.9% in the 2nd 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. Finally, Hanlon Investment Management Inc. raised its position in shares of Materials Select Sector SPDR by 522.9% in the 2nd quarter. Hanlon Investment Management Inc. now owns 115,021 shares of the exchange traded fund’s stock valued at $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) traded down 0.22% during trading on Friday, hitting $57.90. 2,631,175 shares of the stock traded hands. Materials Select Sector SPDR has a 1-year low of $45.56 and a 1-year high of $58.03. The stock has a 50-day moving average of $55.83 and a 200 day moving average of $54.09.

The company also recently declared a quarterly dividend, which was paid on Monday, September 25th. Stockholders of record on Monday, September 18th were issued a $0.3019 dividend. This represents a $1.21 dividend on an annualized basis and a dividend yield of 2.09%. This is an increase from Materials Select Sector SPDR’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Friday, September 15th.

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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