Alexis Investment Partners LLC Trims Holdings in SPDR S&P Homebuilders ETF $XHB

Alexis Investment Partners LLC trimmed its holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 18.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,994 shares of the exchange traded fund’s stock after selling 2,966 shares during the quarter. SPDR S&P Homebuilders ETF makes up approximately 0.6% of Alexis Investment Partners LLC’s holdings, making the stock its 27th biggest position. Alexis Investment Partners LLC owned 0.09% of SPDR S&P Homebuilders ETF worth $1,280,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Stratos Wealth Partners LTD. raised its holdings in SPDR S&P Homebuilders ETF by 21.2% during the 1st quarter. Stratos Wealth Partners LTD. now owns 3,728 shares of the exchange traded fund’s stock valued at $361,000 after buying an additional 652 shares during the period. AAFMAA Wealth Management & Trust LLC boosted its holdings in SPDR S&P Homebuilders ETF by 6.0% in the second quarter. AAFMAA Wealth Management & Trust LLC now owns 23,598 shares of the exchange traded fund’s stock worth $2,326,000 after acquiring an additional 1,327 shares in the last quarter. Fifth Third Bancorp purchased a new position in shares of SPDR S&P Homebuilders ETF in the first quarter worth about $39,000. Oppenheimer & Co. Inc. purchased a new position in shares of SPDR S&P Homebuilders ETF in the first quarter worth about $974,000. Finally, Vestcor Inc purchased a new position in SPDR S&P Homebuilders ETF during the first quarter valued at approximately $3,876,000.

SPDR S&P Homebuilders ETF Trading Up 0.7%

Shares of XHB stock opened at $107.76 on Monday. The stock has a market cap of $1.88 billion, a P/E ratio of 11.47 and a beta of 1.32. SPDR S&P Homebuilders ETF has a twelve month low of $84.48 and a twelve month high of $126.09. The stock has a 50 day moving average of $112.33 and a 200 day moving average of $102.85.

SPDR S&P Homebuilders ETF 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.