SPDR S&P Homebuilders ETF (NYSEARCA:XHB) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. decreased its holdings in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 2.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,884 shares of the exchange traded fund’s stock after selling 469 shares during the quarter. Envestnet Asset Management Inc.’s holdings in SPDR S&P Homebuilders ETF were worth $1,733,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Copia Wealth Management acquired a new position in shares of SPDR S&P Homebuilders ETF during the 4th quarter valued at $25,000. Private Trust Co. NA lifted its holdings in shares of SPDR S&P Homebuilders ETF by 794.4% during the 1st quarter. Private Trust Co. NA now owns 322 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 286 shares in the last quarter. Concourse Financial Group Securities Inc. lifted its holdings in shares of SPDR S&P Homebuilders ETF by 50.0% during the 4th quarter. Concourse Financial Group Securities Inc. now owns 300 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 100 shares in the last quarter. Fifth Third Bancorp acquired a new position in shares of SPDR S&P Homebuilders ETF during the 1st quarter valued at $39,000. Finally, O Shaughnessy Asset Management LLC lifted its holdings in shares of SPDR S&P Homebuilders ETF by 463.9% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 671 shares of the exchange traded fund’s stock valued at $70,000 after acquiring an additional 552 shares in the last quarter.

SPDR S&P Homebuilders ETF Trading Down 2.4%

NYSEARCA:XHB opened at $102.92 on Thursday. SPDR S&P Homebuilders ETF has a twelve month low of $84.48 and a twelve month high of $126.09. The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of 11.47 and a beta of 1.32. The firm’s fifty day simple moving average is $99.06 and its 200 day simple moving average is $99.65.

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.