SPDR S&P Homebuilders ETF (NYSEARCA:XHB) Shares Sold by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC trimmed its position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 18.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,030 shares of the exchange traded fund’s stock after selling 1,393 shares during the period. Foundations Investment Advisors LLC’s holdings in SPDR S&P Homebuilders ETF were worth $751,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Family Firm Inc. acquired a new position in shares of SPDR S&P Homebuilders ETF during the second quarter valued at $62,000. National Bank of Canada FI lifted its stake in shares of SPDR S&P Homebuilders ETF by 238.1% in the 2nd quarter. National Bank of Canada FI now owns 710 shares of the exchange traded fund’s stock worth $70,000 after acquiring an additional 500 shares during the period. ORG Partners LLC bought a new position in shares of SPDR S&P Homebuilders ETF in the second quarter valued at approximately $93,000. Northwest Investment Counselors LLC acquired a new position in shares of SPDR S&P Homebuilders ETF during the third quarter valued at approximately $98,000. Finally, TruNorth Capital Management LLC bought a new stake in SPDR S&P Homebuilders ETF during the second quarter worth approximately $101,000.

SPDR S&P Homebuilders ETF Price Performance

XHB opened at $118.16 on Friday. SPDR S&P Homebuilders ETF has a 1-year low of $69.32 and a 1-year high of $126.07. The company has a market capitalization of $2.06 billion, a price-to-earnings ratio of 15.57 and a beta of 1.38. The business has a 50 day moving average price of $119.14 and a two-hundred day moving average price of $110.39.

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.