SPDR S&P Homebuilders ETF (NYSEARCA:XHB) Position Lessened by Wealth Effects LLC

Wealth Effects LLC cut its stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 4.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,821 shares of the exchange traded fund’s stock after selling 273 shares during the period. Wealth Effects LLC’s holdings in SPDR S&P Homebuilders ETF were worth $608,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of XHB. Kingswood Wealth Advisors LLC raised its stake in SPDR S&P Homebuilders ETF by 46.1% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 2,750 shares of the exchange traded fund’s stock valued at $287,000 after acquiring an additional 868 shares in the last quarter. Accel Wealth Management grew its position in SPDR S&P Homebuilders ETF by 81.2% in the 4th quarter. Accel Wealth Management now owns 5,357 shares of the exchange traded fund’s stock valued at $560,000 after buying an additional 2,400 shares in the last quarter. St. Johns Investment Management Company LLC acquired a new position in SPDR S&P Homebuilders ETF during the 4th quarter valued at about $65,000. SG Americas Securities LLC raised its position in shares of 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 buying an additional 1,455 shares in the last quarter. Finally, Financial Management Professionals Inc. lifted its stake in shares of SPDR S&P Homebuilders ETF by 26.3% in the 4th quarter. Financial Management Professionals Inc. now owns 10,223 shares of the exchange traded fund’s stock worth $1,068,000 after acquiring an additional 2,127 shares during the period.

SPDR S&P Homebuilders ETF Price Performance

Shares of NYSEARCA:XHB opened at $112.45 on Tuesday. The stock’s 50 day moving average price is $111.96 and its 200 day moving average price is $115.00. The stock has a market cap of $1.96 billion, a price-to-earnings ratio of 15.57 and a beta of 1.38. SPDR S&P Homebuilders ETF has a 12 month low of $93.61 and a 12 month high of $126.09.

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.