Truist Financial Corp Sells 1,527 Shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Truist Financial Corp reduced its position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 10.1% in the 4th quarter, HoldingsChannel reports. The firm owned 13,587 shares of the exchange traded fund’s stock after selling 1,527 shares during the period. Truist Financial Corp’s holdings in SPDR S&P Homebuilders ETF were worth $1,420,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Howe & Rusling Inc. bought a new position in SPDR S&P Homebuilders ETF during the third quarter worth $28,000. Financial Life Planners acquired a new stake in shares of SPDR S&P Homebuilders ETF during the 4th quarter worth about $45,000. New Wave Wealth Advisors LLC acquired a new stake in shares of SPDR S&P Homebuilders ETF during the 4th quarter worth about $52,000. St. Johns Investment Management Company LLC bought a new stake in shares of SPDR S&P Homebuilders ETF during the 4th quarter worth about $65,000. Finally, EP Wealth Advisors LLC acquired a new position in SPDR S&P Homebuilders ETF in the 3rd quarter valued at about $120,000.

SPDR S&P Homebuilders ETF Stock Down 1.6 %

SPDR S&P Homebuilders ETF stock opened at $100.72 on Friday. The company’s 50-day moving average price is $106.33 and its two-hundred day moving average price is $113.91. The stock has a market cap of $1.62 billion, a P/E ratio of 12.86 and a beta of 1.48. SPDR S&P Homebuilders ETF has a twelve month low of $97.40 and a twelve month high of $126.09.

SPDR S&P Homebuilders ETF Profile

SPDR S&P Homebuilders ETF (the Fund) seeks to closely match the returns and characteristics of the S&P Homebuilders Select Industry Index. The S&P Homebuilders Select Industry Index represents the homebuilding sub-industry portion of the S&P Total Markets Index. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges.