Cambridge Investment Research Advisors Inc. Trims Stock Holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Cambridge Investment Research Advisors Inc. lowered its holdings in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB – Get Rating) by 15.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,677 shares of the exchange traded fund’s stock after selling 2,819 shares during the quarter. Cambridge Investment Research Advisors Inc. owned approximately 0.11% of SPDR S&P Homebuilders ETF worth $946,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Brown Brothers Harriman & Co. purchased a new position in SPDR S&P Homebuilders ETF during the 1st quarter valued at approximately $25,000. U.S. Capital Wealth Advisors LLC purchased a new position in SPDR S&P Homebuilders ETF during the 4th quarter valued at approximately $36,000. Matrix Private Capital Group LLC purchased a new position in SPDR S&P Homebuilders ETF during the 3rd quarter valued at approximately $112,000. Spire Wealth Management grew its holdings in SPDR S&P Homebuilders ETF by 10.4% during the 4th quarter. Spire Wealth Management now owns 2,126 shares of the exchange traded fund’s stock valued at $128,000 after buying an additional 201 shares in the last quarter. Finally, Clearstead Advisors LLC purchased a new position in SPDR S&P Homebuilders ETF during the 3rd quarter valued at approximately $124,000.

SPDR S&P Homebuilders ETF Price Performance

NYSEARCA XHB opened at $71.64 on Friday. The stock has a market capitalization of $974.30 million, a PE ratio of 7.34 and a beta of 1.32. The business has a 50 day simple moving average of $68.06 and a two-hundred day simple moving average of $65.49. SPDR S&P Homebuilders ETF has a 1-year low of $51.23 and a 1-year high of $73.08.

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.