According to the ETF Finder at ETF Channel, SHW makes up 2.90% of the Materials Select Sector SPDR Fund ETF (XLB) which is lower by about 0.5% on the day Tuesday.
In afternoon trading Tuesday, SHW was up about 0.2% on the day.
Here are the activist investor's next potential targets.
FTC requires Sherwin Williams to sell Valspar's industrial wood coatings business to Axalta.
Here are Friday's top research calls, including downgrades for Beazer Homes and Chevron, an upgrade for Ecolab and new coverage of Sherwin-Williams.