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

Spire Wealth Management lessened its holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 25.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,439 shares of the exchange traded fund’s stock after selling 2,947 shares during the quarter. Spire Wealth Management’s holdings in SPDR S&P Homebuilders ETF were worth $832,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in XHB. Private Trust Co. NA raised its stake in shares of SPDR S&P Homebuilders ETF by 794.4% during the 1st 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 in the last quarter. Viewpoint Capital Management LLC grew its holdings in SPDR S&P Homebuilders ETF by 1.9% during the first quarter. Viewpoint Capital Management LLC now owns 57,988 shares of the exchange traded fund’s stock worth $5,619,000 after acquiring an additional 1,059 shares during the period. Stratos Wealth Partners LTD. grew its holdings in SPDR S&P Homebuilders ETF by 21.2% during the first quarter. Stratos Wealth Partners LTD. now owns 3,728 shares of the exchange traded fund’s stock worth $361,000 after acquiring an additional 652 shares during the period. Seamount Financial Group Inc. raised its position in SPDR S&P Homebuilders ETF by 5.6% in the first quarter. Seamount Financial Group Inc. now owns 6,791 shares of the exchange traded fund’s stock worth $658,000 after acquiring an additional 361 shares in the last quarter. Finally, Fifth Third Securities Inc. acquired a new stake in SPDR S&P Homebuilders ETF in the first quarter valued at $272,000.

SPDR S&P Homebuilders ETF Stock Performance

Shares of NYSEARCA XHB opened at $105.03 on Friday. The company’s fifty day moving average is $111.26 and its two-hundred day moving average is $104.03. The firm has a market capitalization of $1.71 billion, a P/E ratio of 11.47 and a beta of 1.29. SPDR S&P Homebuilders ETF has a one year low of $84.48 and a one year 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.