SPDR S&P Homebuilders ETF (NYSEARCA:XHB) Shares Sold by SPC Financial Inc.

SPC Financial Inc. lessened its stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 4.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 45,055 shares of the exchange traded fund’s stock after selling 2,085 shares during the quarter. SPC Financial Inc. owned approximately 0.26% of SPDR S&P Homebuilders ETF worth $5,612,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Park Avenue Securities LLC increased its holdings in shares of SPDR S&P Homebuilders ETF by 208.8% during the first quarter. Park Avenue Securities LLC now owns 6,973 shares of the exchange traded fund’s stock valued at $778,000 after purchasing an additional 4,715 shares during the period. Northwest Investment Counselors LLC acquired a new stake in shares of SPDR S&P Homebuilders ETF during the 1st quarter valued at $88,000. Ellis Investment Partners LLC raised its holdings in shares of SPDR S&P Homebuilders ETF by 8.8% during the first quarter. Ellis Investment Partners LLC now owns 29,820 shares of the exchange traded fund’s stock worth $3,328,000 after acquiring an additional 2,406 shares in the last quarter. SMI Advisory Services LLC acquired a new stake in SPDR S&P Homebuilders ETF during the first quarter valued at $3,652,000. Finally, Wealth Enhancement Advisory Services LLC grew its stake in SPDR S&P Homebuilders ETF by 4.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 7,400 shares of the exchange traded fund’s stock valued at $826,000 after purchasing an additional 286 shares in the last quarter.

SPDR S&P Homebuilders ETF Trading Up 1.2 %

XHB stock opened at $125.25 on Thursday. The firm has a market cap of $2.19 billion, a PE ratio of 15.57 and a beta of 1.38. SPDR S&P Homebuilders ETF has a 1 year low of $69.32 and a 1 year high of $125.98. The company has a fifty day simple moving average of $117.27 and a 200 day simple moving average of $109.77.

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.