Cetera Investment Advisers Decreases Stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Cetera Investment Advisers lowered its position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 27.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 66,978 shares of the exchange traded fund’s stock after selling 25,956 shares during the quarter. Cetera Investment Advisers’ holdings in SPDR S&P Homebuilders ETF were worth $6,999,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Blue Capital Inc. purchased a new stake in SPDR S&P Homebuilders ETF in the fourth quarter worth approximately $415,000. Bramshill Investments LLC purchased a new stake in SPDR S&P Homebuilders ETF in the fourth quarter worth $836,000. BNP Paribas Financial Markets lifted its stake in SPDR S&P Homebuilders ETF by 66.5% in the fourth quarter. BNP Paribas Financial Markets now owns 760,136 shares of the exchange traded fund’s stock worth $79,434,000 after acquiring an additional 303,539 shares during the period. Arrow Financial Corp raised its holdings in SPDR S&P Homebuilders ETF by 1,243.0% in the fourth quarter. Arrow Financial Corp now owns 76,173 shares of the exchange traded fund’s stock worth $7,960,000 after purchasing an additional 70,501 shares in the last quarter. Finally, Soros Fund Management LLC raised its holdings in SPDR S&P Homebuilders ETF by 147.6% in the fourth quarter. Soros Fund Management LLC now owns 95,100 shares of the exchange traded fund’s stock worth $9,938,000 after purchasing an additional 295,100 shares in the last quarter.

SPDR S&P Homebuilders ETF Price Performance

Shares of NYSEARCA:XHB opened at $100.86 on Tuesday. SPDR S&P Homebuilders ETF has a 1-year low of $84.48 and a 1-year high of $126.09. The business has a fifty day moving average price of $95.19 and a 200-day moving average price of $105.26. The company has a market capitalization of $1.34 billion, a PE ratio of 12.26 and a beta of 1.35.

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.