A look at the weighted underlying holdings of the The Materials Select Sector SPDR— Fund (Symbol: XLB) shows an impressive 10.6% of holdings on a weighted basis have experienced insider buying within the past six months.
Air Products & Chemicals Inc (Symbol: APD), which makes up 6.26% of the The Materials Select Sector SPDR— Fund (Symbol: XLB), has seen 2 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $499,447,779 worth of APD, making it the #3 largest holding. The table below details the recent insider buying activity observed at APD:
APD — last trade: $313.84 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 11/05/2021 | Wayne Thomas Smith | Director | 1,637 | $305.61 | $500,282 |
| 11/09/2021 | Edward L. Monser | Director | 80 | $314.49 | $25,159 |
And Ball Corp (Symbol: BLL), the #11 largest holding among components of the The Materials Select Sector SPDR— Fund (Symbol: XLB), shows 6 directors and officers as recently filing Form 4’s indicating purchases. The ETF holds $232,478,724 worth of BLL, which represents approximately 2.91% of the ETF’s total assets at last check. The recent insider buying activity observed at BLL is detailed in the table below:
BLL — last trade: $91.28 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 08/13/2021 | Todd Allan Penegor | Director | 3,000 | $89.62 | $268,860 |
| 08/12/2021 | Cynthia A. Niekamp | Director | 3,000 | $89.27 | $267,810 |
| 08/17/2021 | Georgia R. Nelson | Director | 3,000 | $89.70 | $269,098 |
| 08/19/2021 | Michael J. Cave | Director | 2,200 | $90.71 | $199,562 |
| 08/16/2021 | John A. Bryant | Director | 3,000 | $89.08 | $267,246 |
| 08/25/2021 | Pedro Henrique Mariani | Director | 3,000 | $94.56 | $283,680 |
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