SPDR S&P Homebuilders ETF (NYSEARCA:XHB) Stock Position Cut by Guardian Capital Advisors LP

Guardian Capital Advisors LP lessened its stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 95.4% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,110 shares of the exchange traded fund’s stock after selling 63,970 shares during the period. Guardian Capital Advisors LP’s holdings in SPDR S&P Homebuilders ETF were worth $347,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Passaic Partners LLC bought a new position in SPDR S&P Homebuilders ETF in the 1st quarter valued at about $13,326,000. Osaic Holdings Inc. lifted its holdings in SPDR S&P Homebuilders ETF by 17.9% in the 1st quarter. Osaic Holdings Inc. now owns 69,330 shares of the exchange traded fund’s stock valued at $7,737,000 after acquiring an additional 10,548 shares during the last quarter. Nwam LLC acquired a new stake in SPDR S&P Homebuilders ETF in the 1st quarter valued at about $845,000. Glaxis Capital Management LLC acquired a new stake in SPDR S&P Homebuilders ETF in the 1st quarter valued at about $279,000. Finally, Kingsview Wealth Management LLC acquired a new stake in SPDR S&P Homebuilders ETF in the 1st quarter valued at about $276,000.

SPDR S&P Homebuilders ETF Stock Performance

NYSEARCA XHB traded up $3.79 on Friday, reaching $116.89. The company’s stock had a trading volume of 3,241,025 shares, compared to its average volume of 2,621,227. SPDR S&P Homebuilders ETF has a twelve month low of $69.32 and a twelve month high of $118.25. The stock has a market cap of $2.04 billion, a PE ratio of 15.57 and a beta of 1.38. The firm’s 50 day moving average is $104.94 and its two-hundred day moving average is $103.23.

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.