SPDR S&P Homebuilders ETF (NYSEARCA:XHB) Shares Sold by Castleark Management LLC

Castleark Management LLC cut its holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 58.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 49,990 shares of the exchange traded fund’s stock after selling 71,600 shares during the quarter. Castleark Management LLC’s holdings in SPDR S&P Homebuilders ETF were worth $5,224,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. HB Wealth Management LLC lifted its stake in shares of SPDR S&P Homebuilders ETF by 21.7% during the fourth quarter. HB Wealth Management LLC now owns 4,484 shares of the exchange traded fund’s stock worth $469,000 after buying an additional 800 shares during the period. SG Americas Securities LLC lifted its position in SPDR S&P Homebuilders ETF by 30.7% during the 4th quarter. SG Americas Securities LLC now owns 6,191 shares of the exchange traded fund’s stock worth $647,000 after acquiring an additional 1,455 shares during the period. St. Johns Investment Management Company LLC acquired a new stake in SPDR S&P Homebuilders ETF during the 4th quarter worth about $65,000. Accel Wealth Management grew its stake in SPDR S&P Homebuilders ETF by 81.2% during the 4th quarter. Accel Wealth Management now owns 5,357 shares of the exchange traded fund’s stock valued at $560,000 after purchasing an additional 2,400 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC increased its holdings in shares of SPDR S&P Homebuilders ETF by 46.1% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 2,750 shares of the exchange traded fund’s stock valued at $287,000 after purchasing an additional 868 shares during the period.

SPDR S&P Homebuilders ETF Stock Down 3.1%

Shares of NYSEARCA:XHB opened at $95.58 on Thursday. SPDR S&P Homebuilders ETF has a 52-week low of $84.48 and a 52-week high of $126.09. The stock has a market cap of $1.27 billion, a price-to-earnings ratio of 12.26 and a beta of 1.35. The business has a 50-day moving average price of $95.18 and a 200-day moving average price of $104.61.

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.