SPDR S&P Homebuilders ETF (NYSEARCA:XHB) Shares Sold by Merit Financial Group LLC

Merit Financial Group LLC reduced its position in shares of SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 1.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,206 shares of the exchange traded fund’s stock after selling 288 shares during the quarter. Merit Financial Group LLC’s holdings in SPDR S&P Homebuilders ETF were worth $2,321,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Bank of Montreal Can raised its position in SPDR S&P Homebuilders ETF by 1.8% during the second quarter. Bank of Montreal Can now owns 247,332 shares of the exchange traded fund’s stock worth $25,013,000 after acquiring an additional 4,447 shares during the period. Meitav Investment House Ltd. raised its position in shares of SPDR S&P Homebuilders ETF by 0.9% during the 3rd quarter. Meitav Investment House Ltd. now owns 137,049 shares of the exchange traded fund’s stock worth $17,042,000 after purchasing an additional 1,156 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in SPDR S&P Homebuilders ETF by 143.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 82,907 shares of the exchange traded fund’s stock valued at $10,327,000 after buying an additional 48,910 shares in the last quarter. HMS Capital Management LLC boosted its holdings in SPDR S&P Homebuilders ETF by 2.3% in the 3rd quarter. HMS Capital Management LLC now owns 66,483 shares of the exchange traded fund’s stock worth $8,281,000 after buying an additional 1,469 shares during the last quarter. Finally, Kingsview Wealth Management LLC increased its stake in SPDR S&P Homebuilders ETF by 2,386.5% during the 3rd quarter. Kingsview Wealth Management LLC now owns 63,554 shares of the exchange traded fund’s stock worth $7,916,000 after buying an additional 60,998 shares in the last quarter.

SPDR S&P Homebuilders ETF Price Performance

Shares of SPDR S&P Homebuilders ETF stock opened at $110.67 on Monday. The stock has a market capitalization of $1.93 billion, a P/E ratio of 15.57 and a beta of 1.38. The business has a 50 day simple moving average of $112.57 and a two-hundred day simple moving average of $114.52. SPDR S&P Homebuilders ETF has a 12 month low of $92.67 and a 12 month high of $126.09.

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.