Spire Wealth Management Sells 3,370 Shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Spire Wealth Management lessened its stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 22.8% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,386 shares of the exchange traded fund’s stock after selling 3,370 shares during the quarter. Spire Wealth Management owned approximately 0.07% of SPDR S&P Homebuilders ETF worth $1,103,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of XHB. BNP Paribas Financial Markets boosted its holdings in shares of SPDR S&P Homebuilders ETF by 66.5% in the 4th quarter. BNP Paribas Financial Markets now owns 760,136 shares of the exchange traded fund’s stock valued at $79,434,000 after buying an additional 303,539 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of SPDR S&P Homebuilders ETF in the fourth quarter worth about $43,362,000. LPL Financial LLC lifted its stake in shares of SPDR S&P Homebuilders ETF by 6.6% in the fourth quarter. LPL Financial LLC now owns 396,616 shares of the exchange traded fund’s stock worth $41,446,000 after buying an additional 24,723 shares in the last quarter. FIL Ltd raised its stake in SPDR S&P Homebuilders ETF by 8,832.7% during the fourth quarter. FIL Ltd now owns 343,819 shares of the exchange traded fund’s stock worth $35,929,000 after purchasing an additional 339,970 shares during the period. Finally, Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD increased its position in shares of SPDR S&P Homebuilders ETF by 62.7% during the fourth quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD now owns 147,504 shares of the exchange traded fund’s stock valued at $15,401,000 after acquiring an additional 56,839 shares during the last quarter.

SPDR S&P Homebuilders ETF Trading Up 0.9%

Shares of NYSEARCA:XHB opened at $98.46 on Friday. The company has a market cap of $1.42 billion, a PE ratio of 11.47 and a beta of 1.32. SPDR S&P Homebuilders ETF has a 52 week low of $84.48 and a 52 week high of $126.09. The company’s 50 day moving average is $95.80 and its two-hundred day moving average is $100.23.

SPDR S&P Homebuilders ETF Company 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.