SPDR S&P Homebuilders ETF $XHB Shares Sold by Spire Wealth Management

Spire Wealth Management reduced its holdings in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 25.9% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 8,439 shares of the exchange traded fund’s stock after selling 2,947 shares during the period. Spire Wealth Management owned approximately 0.06% of SPDR S&P Homebuilders ETF worth $832,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in XHB. Private Trust Co. NA boosted its stake in shares of SPDR S&P Homebuilders ETF by 794.4% during the first quarter. Private Trust Co. NA now owns 322 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 286 shares during the period. Private Wealth Asset Management LLC purchased a new stake in SPDR S&P Homebuilders ETF during the 2nd quarter valued at approximately $39,000. Berkshire Money Management Inc. purchased a new stake in SPDR S&P Homebuilders ETF during the 2nd quarter valued at approximately $49,000. AlphaCore Capital LLC acquired a new stake in SPDR S&P Homebuilders ETF during the 1st quarter worth approximately $52,000. Finally, SVB Wealth LLC purchased a new position in shares of SPDR S&P Homebuilders ETF in the 1st quarter valued at approximately $88,000.

SPDR S&P Homebuilders ETF Trading Up 0.5%

NYSEARCA:XHB opened at $105.03 on Friday. SPDR S&P Homebuilders ETF has a 12-month low of $84.48 and a 12-month high of $126.09. The stock’s 50 day simple moving average is $111.26 and its 200-day simple moving average is $104.03. The firm has a market cap of $1.71 billion, a P/E ratio of 11.47 and a beta of 1.29.

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.