Global Retirement Partners LLC Sells 334 Shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Global Retirement Partners LLC lowered its stake in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 3.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 9,668 shares of the exchange traded fund’s stock after selling 334 shares during the quarter. Global Retirement Partners LLC’s holdings in SPDR S&P Homebuilders ETF were worth $1,010,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Howe & Rusling Inc. purchased a new position in shares of SPDR S&P Homebuilders ETF during the third quarter valued at approximately $28,000. Financial Life Planners bought a new stake in SPDR S&P Homebuilders ETF in the 4th quarter worth approximately $45,000. New Wave Wealth Advisors LLC bought a new stake in SPDR S&P Homebuilders ETF in the 4th quarter worth approximately $52,000. St. Johns Investment Management Company LLC purchased a new stake in SPDR S&P Homebuilders ETF during the 4th quarter valued at $65,000. Finally, EP Wealth Advisors LLC bought a new position in shares of SPDR S&P Homebuilders ETF during the 3rd quarter valued at $120,000.

SPDR S&P Homebuilders ETF Stock Performance

XHB stock opened at $101.11 on Friday. The company has a market cap of $1.76 billion, a price-to-earnings ratio of 15.57 and a beta of 1.38. The business’s 50-day moving average is $106.92 and its two-hundred day moving average is $114.07. SPDR S&P Homebuilders ETF has a fifty-two week low of $97.40 and a fifty-two week high of $126.09.

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.