Phoenix Financial Ltd. Sells 1,663 Shares of SPDR S&P Homebuilders ETF $XHB

Phoenix Financial Ltd. decreased its holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 3.6% in the 2nd quarter, HoldingsChannel reports. The firm owned 44,669 shares of the exchange traded fund’s stock after selling 1,663 shares during the quarter. Phoenix Financial Ltd.’s holdings in SPDR S&P Homebuilders ETF were worth $4,403,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of XHB. Private Trust Co. NA grew its stake in shares of SPDR S&P Homebuilders ETF by 794.4% during the first quarter. Private Trust Co. NA now owns 322 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 286 shares during the last quarter. Private Wealth Asset Management LLC acquired a new position in SPDR S&P Homebuilders ETF during the 2nd quarter valued at about $39,000. Berkshire Money Management Inc. bought a new position in shares of SPDR S&P Homebuilders ETF in the 2nd quarter valued at about $49,000. AlphaCore Capital LLC acquired a new stake in shares of SPDR S&P Homebuilders ETF during the 1st quarter worth approximately $52,000. Finally, SVB Wealth LLC bought a new stake in shares of SPDR S&P Homebuilders ETF during the first quarter worth approximately $88,000.

SPDR S&P Homebuilders ETF Price Performance

XHB opened at $110.31 on Wednesday. The firm has a 50 day simple moving average of $112.33 and a 200 day simple moving average of $103.01. SPDR S&P Homebuilders ETF has a fifty-two week low of $84.48 and a fifty-two week high of $126.09. The company has a market cap of $1.85 billion, a price-to-earnings ratio of 11.47 and a beta of 1.32.

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.