Janney Montgomery Scott LLC Cuts Position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Janney Montgomery Scott LLC cut its stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHBGet Rating) by 21.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,879 shares of the exchange traded fund’s stock after selling 3,523 shares during the period. Janney Montgomery Scott LLC owned about 0.09% of SPDR S&P Homebuilders ETF worth $704,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Creative Planning grew its position in SPDR S&P Homebuilders ETF by 2.0% in the second quarter. Creative Planning now owns 11,721 shares of the exchange traded fund’s stock worth $641,000 after acquiring an additional 230 shares in the last quarter. Institute for Wealth Management LLC. lifted its stake in SPDR S&P Homebuilders ETF by 1.6% in the second quarter. Institute for Wealth Management LLC. now owns 18,287 shares of the exchange traded fund’s stock worth $1,001,000 after purchasing an additional 293 shares during the last quarter. Credit Suisse AG lifted its stake in SPDR S&P Homebuilders ETF by 4.5% in the second quarter. Credit Suisse AG now owns 7,532 shares of the exchange traded fund’s stock worth $412,000 after purchasing an additional 321 shares during the last quarter. Hsbc Holdings PLC lifted its stake in SPDR S&P Homebuilders ETF by 4.0% in the first quarter. Hsbc Holdings PLC now owns 8,904 shares of the exchange traded fund’s stock worth $564,000 after purchasing an additional 339 shares during the last quarter. Finally, Brown Brothers Harriman & Co. bought a new stake in SPDR S&P Homebuilders ETF in the first quarter worth $25,000.

SPDR S&P Homebuilders ETF Price Performance

SPDR S&P Homebuilders ETF stock opened at $64.98 on Friday. The firm has a fifty day simple moving average of $62.23 and a two-hundred day simple moving average of $60.51. SPDR S&P Homebuilders ETF has a twelve month low of $51.23 and a twelve month high of $75.50.

SPDR S&P Homebuilders ETF Profile

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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.

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Institutional Ownership by Quarter for SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

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