Global Retirement Partners LLC Cuts Position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Global Retirement Partners LLC trimmed its holdings in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 3.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 9,668 shares of the exchange traded fund’s stock after selling 334 shares during the period. Global Retirement Partners LLC owned approximately 0.06% of SPDR S&P Homebuilders ETF worth $1,010,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in XHB. Howe & Rusling Inc. purchased a new position in SPDR S&P Homebuilders ETF during the third quarter valued at $28,000. Financial Life Planners purchased a new position in shares of SPDR S&P Homebuilders ETF in the 4th quarter worth about $45,000. New Wave Wealth Advisors LLC purchased a new position in shares of SPDR S&P Homebuilders ETF in the 4th quarter worth about $52,000. St. Johns Investment Management Company LLC bought a new position in SPDR S&P Homebuilders ETF in the 4th quarter worth about $65,000. Finally, EP Wealth Advisors LLC purchased a new stake in SPDR S&P Homebuilders ETF during the 3rd quarter valued at about $120,000.

SPDR S&P Homebuilders ETF Stock Performance

NYSEARCA:XHB opened at $101.11 on Friday. The firm has a 50-day simple moving average of $106.92 and a two-hundred day simple moving average of $114.07. The firm has a market cap of $1.76 billion, a P/E ratio of 15.57 and a beta of 1.38. SPDR S&P Homebuilders ETF has a fifty-two week low of $97.40 and a fifty-two week high of $126.09.

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.