SPDR S&P Homebuilders ETF $XHB Shares Sold by Alexis Investment Partners LLC

Alexis Investment Partners LLC reduced its stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 18.6% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 12,994 shares of the exchange traded fund’s stock after selling 2,966 shares during the period. SPDR S&P Homebuilders ETF comprises approximately 0.6% of Alexis Investment Partners LLC’s investment portfolio, making the stock its 27th largest position. Alexis Investment Partners LLC’s holdings in SPDR S&P Homebuilders ETF were worth $1,280,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of XHB. Private Trust Co. NA lifted its stake in 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 acquiring an additional 286 shares in the last quarter. Fifth Third Bancorp purchased a new position in shares of SPDR S&P Homebuilders ETF in the 1st quarter valued at about $39,000. Private Wealth Asset Management LLC purchased a new position in SPDR S&P Homebuilders ETF during the 2nd quarter worth approximately $39,000. Berkshire Money Management Inc. purchased a new position in SPDR S&P Homebuilders ETF during the 2nd quarter worth approximately $49,000. Finally, AlphaCore Capital LLC purchased a new position in SPDR S&P Homebuilders ETF during the 1st quarter worth approximately $52,000.

SPDR S&P Homebuilders ETF Trading Up 0.7%

SPDR S&P Homebuilders ETF stock opened at $107.76 on Monday. SPDR S&P Homebuilders ETF has a twelve month low of $84.48 and a twelve month high of $126.09. The stock has a 50 day moving average of $112.33 and a two-hundred day moving average of $102.85. The stock has a market capitalization of $1.88 billion, a price-to-earnings ratio of 11.47 and a beta of 1.32.

SPDR S&P Homebuilders ETF 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.