Private Advisor Group LLC Has $678,000 Stake in SPDR S&P Homebuilders ETF $XHB

Private Advisor Group LLC lowered its stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 93.5% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,869 shares of the exchange traded fund’s stock after selling 98,381 shares during the quarter. Private Advisor Group LLC’s holdings in SPDR S&P Homebuilders ETF were worth $678,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Elevated Capital Advisors LLC acquired a new position in shares of SPDR S&P Homebuilders ETF during the 4th quarter valued at $28,000. Strive Financial Group LLC bought a new stake in SPDR S&P Homebuilders ETF in the fourth quarter valued at $31,000. Annis Gardner Whiting Capital Advisors LLC bought a new stake in SPDR S&P Homebuilders ETF in the fourth quarter valued at $32,000. Quantbot Technologies LP raised its holdings in shares of SPDR S&P Homebuilders ETF by 66.4% during the third quarter. Quantbot Technologies LP now owns 426 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 170 shares during the period. Finally, Copia Wealth Management raised its holdings in shares of SPDR S&P Homebuilders ETF by 79.2% during the fourth quarter. Copia Wealth Management now owns 430 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 190 shares during the period.

SPDR S&P Homebuilders ETF Price Performance

XHB stock opened at $108.92 on Thursday. The stock has a market capitalization of $1.94 billion, a PE ratio of 11.47 and a beta of 1.24. The company’s 50-day moving average is $105.97 and its 200-day moving average is $107.36. SPDR S&P Homebuilders ETF has a 1 year low of $93.57 and a 1 year high of $123.13.

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.