Matrix Private Capital Group LLC lessened its holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB – Free Report) by 51.9% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 982 shares of the exchange traded fund’s stock after selling 1,060 shares during the period. Matrix Private Capital Group LLC’s holdings in SPDR S&P Homebuilders ETF were worth $67,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Gerber Kawasaki Wealth & Investment Management raised its position in shares of SPDR S&P Homebuilders ETF by 0.6% in the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 81,945 shares of the exchange traded fund’s stock worth $5,553,000 after buying an additional 528 shares in the last quarter. Lauer Wealth LLC purchased a new stake in shares of SPDR S&P Homebuilders ETF in the first quarter worth $382,000. Renaissance Technologies LLC purchased a new stake in shares of SPDR S&P Homebuilders ETF in the first quarter worth $2,771,000. Stifel Financial Corp raised its position in shares of SPDR S&P Homebuilders ETF by 41.1% in the first quarter. Stifel Financial Corp now owns 32,152 shares of the exchange traded fund’s stock worth $2,179,000 after buying an additional 9,371 shares in the last quarter. Finally, MML Investors Services LLC bought a new position in SPDR S&P Homebuilders ETF in the first quarter valued at $1,246,000.
SPDR S&P Homebuilders ETF Stock Down 0.5 %
XHB opened at $81.25 on Monday. The stock has a market cap of $1.41 billion, a PE ratio of 7.34 and a beta of 1.32. SPDR S&P Homebuilders ETF has a 52 week low of $52.99 and a 52 week high of $85.13. The business’s fifty day simple moving average is $82.22 and its 200 day simple moving average is $74.34.
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.
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