SPDR S&P Homebuilders ETF (NYSEARCA:XHB) Holdings Lowered by Wealth Effects LLC

Wealth Effects LLC reduced its position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 4.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 5,821 shares of the exchange traded fund’s stock after selling 273 shares during the period. Wealth Effects LLC’s holdings in SPDR S&P Homebuilders ETF were worth $608,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Kingswood Wealth Advisors LLC boosted its stake in shares of SPDR S&P Homebuilders ETF by 46.1% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 2,750 shares of the exchange traded fund’s stock valued at $287,000 after buying an additional 868 shares during the period. Accel Wealth Management boosted its position in SPDR S&P Homebuilders ETF by 81.2% during the fourth quarter. Accel Wealth Management now owns 5,357 shares of the exchange traded fund’s stock valued at $560,000 after purchasing an additional 2,400 shares during the last quarter. St. Johns Investment Management Company LLC purchased a new position in SPDR S&P Homebuilders ETF in the fourth quarter valued at about $65,000. SG Americas Securities LLC increased its position in SPDR S&P Homebuilders ETF by 30.7% in the 4th quarter. SG Americas Securities LLC now owns 6,191 shares of the exchange traded fund’s stock worth $647,000 after purchasing an additional 1,455 shares during the last quarter. Finally, Financial Management Professionals Inc. grew its stake in shares of SPDR S&P Homebuilders ETF by 26.3% in the 4th quarter. Financial Management Professionals Inc. now owns 10,223 shares of the exchange traded fund’s stock valued at $1,068,000 after buying an additional 2,127 shares in the last quarter.

SPDR S&P Homebuilders ETF Trading Up 1.2 %

Shares of NYSEARCA:XHB opened at $112.45 on Tuesday. SPDR S&P Homebuilders ETF has a 1 year low of $93.61 and a 1 year high of $126.09. The firm has a fifty day moving average price of $111.96 and a 200 day moving average price of $115.00. The stock has a market capitalization of $1.96 billion, a PE ratio of 15.57 and a beta of 1.38.

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.