SPDR S&P Homebuilders ETF (NYSEARCA:XHB) Shares Sold by Great Valley Advisor Group Inc.

Great Valley Advisor Group Inc. reduced its holdings in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 11.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 2,449 shares of the exchange traded fund’s stock after selling 310 shares during the period. Great Valley Advisor Group Inc.’s holdings in SPDR S&P Homebuilders ETF were worth $234,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. State of Michigan Retirement System raised its stake in shares of SPDR S&P Homebuilders ETF by 60.9% during the third quarter. State of Michigan Retirement System now owns 370,000 shares of the exchange traded fund’s stock worth $28,331,000 after purchasing an additional 140,000 shares during the last quarter. LPL Financial LLC raised its position in SPDR S&P Homebuilders ETF by 9.5% during the 3rd quarter. LPL Financial LLC now owns 349,296 shares of the exchange traded fund’s stock worth $26,746,000 after buying an additional 30,332 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in shares of SPDR S&P Homebuilders ETF by 1,055.4% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 288,641 shares of the exchange traded fund’s stock worth $27,611,000 after acquiring an additional 263,659 shares during the period. Affinity Wealth Management LLC boosted its holdings in shares of SPDR S&P Homebuilders ETF by 14.8% in the fourth quarter. Affinity Wealth Management LLC now owns 268,294 shares of the exchange traded fund’s stock valued at $25,665,000 after acquiring an additional 34,508 shares in the last quarter. Finally, Price Capital Management Inc. acquired a new position in shares of SPDR S&P Homebuilders ETF during the fourth quarter worth about $22,919,000.

SPDR S&P Homebuilders ETF Stock Up 1.6 %

Shares of NYSEARCA:XHB opened at $106.86 on Tuesday. The company has a 50-day moving average price of $105.44 and a 200 day moving average price of $94.83. SPDR S&P Homebuilders ETF has a 52 week low of $68.39 and a 52 week high of $111.96. The company has a market cap of $1.86 billion, a P/E ratio of 15.57 and a beta of 1.38.

SPDR S&P Homebuilders ETF Company Profile

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.