SPDR S&P Homebuilders ETF $XHB Shares Sold by Perennial Investment Advisors LLC

Perennial Investment Advisors LLC trimmed its holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 15.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 5,875 shares of the exchange traded fund’s stock after selling 1,092 shares during the period. Perennial Investment Advisors LLC’s holdings in SPDR S&P Homebuilders ETF were worth $579,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of XHB. Harel Insurance Investments & Financial Services Ltd. acquired a new position in SPDR S&P Homebuilders ETF in the second quarter valued at about $118,481,000. Mirae Asset Securities USA Inc. raised its stake in shares of SPDR S&P Homebuilders ETF by 100.0% in the 2nd quarter. Mirae Asset Securities USA Inc. now owns 500,000 shares of the exchange traded fund’s stock valued at $49,285,000 after acquiring an additional 250,000 shares during the period. Jefferies Financial Group Inc. lifted its holdings in shares of SPDR S&P Homebuilders ETF by 2,527.2% in the 1st quarter. Jefferies Financial Group Inc. now owns 102,356 shares of the exchange traded fund’s stock worth $9,918,000 after acquiring an additional 98,460 shares during the last quarter. Eisler Capital Management Ltd. purchased a new position in shares of SPDR S&P Homebuilders ETF during the 1st quarter worth approximately $6,282,000. Finally, Element Capital Management LLC acquired a new stake in SPDR S&P Homebuilders ETF in the 1st quarter valued at approximately $4,845,000.

SPDR S&P Homebuilders ETF Stock Down 0.3%

Shares of NYSEARCA XHB opened at $100.11 on Wednesday. The business’s 50 day moving average is $108.48 and its two-hundred day moving average is $105.05. SPDR S&P Homebuilders ETF has a 52-week low of $84.48 and a 52-week high of $126.09. The firm has a market cap of $1.62 billion, a price-to-earnings ratio of 11.47 and a beta of 1.29.

About SPDR S&P Homebuilders ETF

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.