Cetera Investment Advisers Cuts Holdings in SPDR S&P Homebuilders ETF $XHB

Cetera Investment Advisers lowered its stake in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 4.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 62,926 shares of the exchange traded fund’s stock after selling 3,143 shares during the period. Cetera Investment Advisers owned 0.45% of SPDR S&P Homebuilders ETF worth $6,203,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of XHB. Assetmark Inc. raised its position in shares of SPDR S&P Homebuilders ETF by 424.0% in the 2nd quarter. Assetmark Inc. now owns 262 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 212 shares in the last quarter. Private Wealth Asset Management LLC purchased a new position in SPDR S&P Homebuilders ETF in the second quarter valued at about $39,000. Berkshire Money Management Inc. bought a new position in SPDR S&P Homebuilders ETF in the second quarter worth about $49,000. AlphaCore Capital LLC purchased a new stake in shares of SPDR S&P Homebuilders ETF during the first quarter valued at about $52,000. Finally, Private Trust Co. NA boosted its holdings in shares of SPDR S&P Homebuilders ETF by 128.0% in the 2nd quarter. Private Trust Co. NA now owns 734 shares of the exchange traded fund’s stock valued at $72,000 after buying an additional 412 shares in the last quarter.

SPDR S&P Homebuilders ETF Stock Up 4.7%

Shares of SPDR S&P Homebuilders ETF stock opened at $104.14 on Monday. The company has a market cap of $1.69 billion, a P/E ratio of 11.47 and a beta of 1.29. The firm’s 50 day moving average price is $107.53 and its 200-day moving average price is $105.16. SPDR S&P Homebuilders ETF has a 52-week low of $84.48 and a 52-week high of $126.09.

About SPDR S&P Homebuilders ETF

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.