Truist Financial Corp Sells 4,271 Shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Truist Financial Corp lessened its stake in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB – Get Rating) by 21.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,397 shares of the exchange traded fund’s stock after selling 4,271 shares during the quarter. Truist Financial Corp owned about 0.11% of SPDR S&P Homebuilders ETF worth $842,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. Wells Fargo & Company MN boosted its stake in SPDR S&P Homebuilders ETF by 6.0% during the 2nd quarter. Wells Fargo & Company MN now owns 387,583 shares of the exchange traded fund’s stock valued at $21,205,000 after purchasing an additional 22,047 shares during the period. Twin Tree Management LP boosted its stake in SPDR S&P Homebuilders ETF by 128.7% during the 2nd quarter. Twin Tree Management LP now owns 203,848 shares of the exchange traded fund’s stock valued at $11,153,000 after purchasing an additional 913,710 shares during the period. Stelac Advisory Services LLC bought a new stake in SPDR S&P Homebuilders ETF during the 1st quarter valued at approximately $10,580,000. Opal Wealth Advisors LLC boosted its stake in SPDR S&P Homebuilders ETF by 3.8% during the 2nd quarter. Opal Wealth Advisors LLC now owns 137,351 shares of the exchange traded fund’s stock valued at $7,514,000 after purchasing an additional 5,011 shares during the period. Finally, Raymond James & Associates boosted its stake in SPDR S&P Homebuilders ETF by 7.6% during the 3rd quarter. Raymond James & Associates now owns 72,848 shares of the exchange traded fund’s stock valued at $3,984,000 after purchasing an additional 5,119 shares during the period.

SPDR S&P Homebuilders ETF Stock Performance

Shares of NYSEARCA:XHB opened at $64.98 on Friday. The business has a 50 day moving average price of $62.23 and a 200 day moving average price 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 Company Profile

(Get Rating)

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.